Hend El-Behary
Egypt’s economic competitiveness plunges to new lows
Business
October 12, 2013
Egypt’s economic competitiveness plunges to new lows
Political instability has caused Egypt’s economic competitiveness to tumble from 107th to 118th out of 148 countries, according to Global…
New mandatory pricing list: a merchant’s nightmare
Business
October 1, 2013
New mandatory pricing list: a merchant’s nightmare
The interim government has threatened imposing a so-called “mandatory pricing list” on merchants to fight soaring commodity prices and merchants’…
Government cuts commodity prices as part of stimulus plan
Business
September 26, 2013
Government cuts commodity prices as part of stimulus plan
In light of current high inflation rates, which rose an alarming 0.7 percent, the interim government launched a new price…
Economic experts discuss changes in new constitution
Business
September 14, 2013
Economic experts discuss changes in new constitution
It is part and parcel that any changes in Egypt’s constitution will affect businessmen, investors and business in general in…
Qatar to suspend bond transferals from Egyptian bank
Business
September 4, 2013
Qatar to suspend bond transferals from Egyptian bank
The Qatari government notified the Egyptian government on Monday of its decision to indefinitely suspend bond transfers from the Central…
EgyptAir cuts ticket prices by 20%
Egypt
September 4, 2013
EgyptAir cuts ticket prices by 20%
Egypt’s flagship airline, EgyptAir (EA), decided Monday to reduce ticket prices by 20 percent on international as well as internal…
Egyptian government temporarily halts IMF loan negotiations
Business
August 28, 2013
Egyptian government temporarily halts IMF loan negotiations
According to minister of finance, Ahmed Galal, the Egyptian government currently has no intention of carrying forward talks with the…
Stock market sees modest losses
Business
August 26, 2013
Stock market sees modest losses
After a good start to this week’s transactions, the Egypt stock market ended Monday’s session in the red as its…
External debt swells
Business
August 26, 2013
External debt swells
Egypt’s external debt grew by US $4 billion in March 2013 reaching $38.4 billion compared to $34.4 billion in June…