Sun 29 Apr 2012

Economy features

<p>The opening ceremony of the new Egyptian Stock Exchange in Smart Village, outside of Cairo.</p>
17 Apr 2012
With headquarters’ move, Egypt Exchange disconnects from heart of the city
When officials cut the ribbon in front of the doors of the new headquarters for the Egyptian Exchange on 12 April in the “Smart Village” and stepped inside the new, marble-floored building, they claimed they were taking a step...
Yes
<p>International Monetary Fund</p>
11 Apr 2012
IMF loan stalled by FJP and government politicking
Amid the commotion surrounding Egypt's presidential elections and the drafting of a new constitution, the Muslim Brotherhood has taken its battle with the military-appointed government on to the economy. Presidential candidate and...
Yes
<p><span class="cdvText-style1" id="hcspan_body">Qatari Prime Minister and Foreign Minister Sheikh Hamad bin Jassim bin Jabr al-Thani (R) arrives with Egyptian Prime Minister Essam Sharaf to hold a joint press conference, Doha, April 27, 2011. </span></p>
04 Apr 2012
Gulf pledges of financial help late, shrouded in secrecy
Over a year ago, Gulf leaders pledged loan, grant and investment packages to rescue Egypt from financial disaster during its post-Mubarak transition. The offers were accompanied by generous expressions of brotherly support. But after...
Yes
<p>International Monetary Fund</p>
22 Mar 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 International Cooperation to help ensure a US$3.2 billion loan from the International Monetary...
Yes
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19 Mar 2012
Egypt's rice export ban only benefits smugglers
  Smugglers in the Middle East are enjoying an unlikely moneyspinner — illegal medium grain rice. Shoppers across the Gulf, mostly unaware of the smuggling, depend on Egyptian rice to make popular Middle Eastern recipes such as...
Yes
<p>Hundreds of teachers protest in front of Cabinet of Ministers, Cairo, October 8,2011, demanding 200% bonus, higher wages, and dismissal of Education Minister, Ahmed Gamal Eddin Moussa.</p>
14 Mar 2012
Draft law threatens independent unions, but workers vow to fight
A new draft law introduced in Parliament threatens to dissolve the independent trade unions that have sprung up in various sectors over the past year, but independent labor activists say that if the law passes, they won’t go without...
Yes
<p>Workers of Delta Bus company in strike in front of company's headquarter, Dakahliya, March 4, 2012, demanding higher wages.</p>
13 Mar 2012
SCAF takes strike-breaking into its own hands
While the independent trade union movement has flourished over the past year, the Supreme Council of the Armed Forces has taken a harsh line toward organized labor, criminalizing strikes and work stoppages, and arresting protesting workers...
Yes
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11 Mar 2012
Eurozone instability threatens Egypt
As the country struggles to get back on its economic feet, Egypt’s neighbors across the Mediterranean may be on the precipice of a major financial catastrophe that could severely weaken all of the eurozone and reverberate across the...
Yes
<p>Egypt&#39;s Finance Minister Hazem el-Beblawi speaks to members of the media during a group meeting of Gulf and Arab Finance Ministers in Abu Dhabi.</p>
20 Feb 2012
Four months of solitude: Beblawy book recalls frustrations in government
Working in Egypt’s transitional government under the stewardship of the Supreme Council of the Armed Forces is no easy task, especially when you are charged with the government’s notoriously shambolic finances. Knowing that his...
Yes
Building of headquarters of Central Bank of Egypt in Downtown
13 Feb 2012
Looming devaluation of Egyptian pound may have lasting effects
With a loan deal between Egypt and the International Monetary Fund still uncertain and foreign investors still wary of returning, Egypt’s Central Bank will likely have no choice but to devalue its currency in the coming months. But...
Yes

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