Economic growth
Government seeks average growth rate of 7 percent
Business
January 13, 2013
Government seeks average growth rate of 7 percent
Prime Minister Hesham Qandil said the government is seeking to reach an average growth rate of 7 percent by 2022.…
Recent graduates hit hardest by persistent unemployment
Business
November 3, 2012
Recent graduates hit hardest by persistent unemployment
For the thousands of young men and women who filled Tahrir Square nearly two years ago, youth unemployment was a…
Economists see folly in postponed shop closing law
Business
November 2, 2012
Economists see folly in postponed shop closing law
The Wednesday decision by Local Development Minister Ahmed Zaki Abdeen to postpone indefinitely the law that would close shops at…
In call center industry, obstacles and potential
Business
October 16, 2012
In call center industry, obstacles and potential
The call center industry was one of the trademarks of Egypt's development strategy throughout the 2000s. Experts pointed to it…
Removal of Tantawi and Anan looks positive but Egypt still at risk, says Fitch
Business
August 14, 2012
Removal of Tantawi and Anan looks positive but Egypt still at risk, says Fitch
Fitch Ratings has said that President Mohamed Morsy's removal of the two senior leaders of the Supreme Council of…
Advocacy group rejects government’s IMF-pleasing reform plan
Business
March 22, 2012
Advocacy group rejects government’s IMF-pleasing reform plan
A coalition of economists, activists and academics are condemning the government’s economic reform plan put forward by the Ministry of…
Egypt’s GDP grew by annual 0.4 pct in Q4
Business
March 7, 2012
Egypt’s GDP grew by annual 0.4 pct in Q4
Egypt’s economy grew by an annualized 0.4 percent in the fourth quarter of 2011, indicating the economy is on the…
Egypt expects fiscal year growth up to 3.5%
Business
September 8, 2011
Egypt expects fiscal year growth up to 3.5%
Egypt's planning minister said on Thursday she expected an economic growth rate of 3 to 3.5 percent in the current…
Egypt’s real estate sector down, not out
Business
May 18, 2011
Egypt’s real estate sector down, not out
There seem to be plenty of good reasons to avoid Egypt's battered real estate sector, yet some investors are tiptoeing…
Egypt investors look beyond short-term turbulence
Business
May 15, 2011
Egypt investors look beyond short-term turbulence
When mass protests drove Egypt's Hosni Mubarak out of office in February and political turmoil sent the economy into a…