CAIRO: A number of Egyptian economic experts demanded the Egyptian government participate in re-building Libya to benefit from the economic projects that will be established there. They said many countries will compete for these projects to seize (...)
The Arab Gulf states are currently competing with one another to finance economic projects in Egypt designed to enhance development after the January 25 Revolution, particularly after the public pressure is forcing Egyptian leaders to refuse Western (...)
CAIRO: The Egyptian inflation rate rose 1.5 percent in September 2011, the Central Agency for Public Mobilization and Statistics reported Monday.
The prices of vegetables, fish and gold led to the increase, the agency reported, adding that the (...)
The million-man demonstrations negatively affected economic performance, said the Egyptian Minister of International Cooperation, Fayza Aboul Naga. She added the July 8 demonstrations led to a delay of foreign investments and canceled tourist (...)
A number of economic experts attributed the increase in the prices of rice to a cultivation deficit and smuggling to abroad, proposing different solutions to lower prices.
Egyptian Economist Samir Tobar said that current price volatility facing (...)
A number of economic experts said the U.S. debt crisis will affect Egypt's economy, especially in the stock market. They call to focus on direct investments, and not the stock market, to avoid repercussion of such crisis on the stock (...)
CAIRO: The Ministry of Planning met with the vice president of the Public Union of the Egyptian NGOs, Talaat Abdel Malek, among with representatives of a number of organizations and representatives of the revolution coalition.
They discussed the (...)
Egyptian internet users increased 33.1 percent from June 2009 to June 2010, according to a new report by the government-run Central Agency for Public Mobilization and Statistics (CAPMAS). The total number of internet users reached 14.8 million in (...)
The decision to cut off internet and mobile communications during Egypt's January 25 Revolution strongly affected investments, loans and assistance in Egypt. The telecommunication blackout led to the suspension of services of software and (...)
CAIRO: The January 25 Revolution managed to achieve many gains such as removing fear from the Egyptians' hearts, countering corruption and sending an implicit message to future leaders that Egypt is not the property of them or their sons, said a (...)
The international economy has been affected by Libya's situation. Military activity in Libya led to international economic losses that hit Libya and neighboring states, such as Tunisia, Egypt and Algeria, as well as U.S. and EU economies.
An (...)
CAIRO: Egypt's economy suffered roughly 37 billion EGP (U.S. $6.2 billion) in mid-March.
Many companies and factories have been suspended since Egypt's January 25 Revolution. Transfers of funds, which account for 8 percent of Egypt's GDP, have (...)
The Arab Planning Institute said there is a disparity in middle-class spending among Arab states. Egypt recorded the lowest level, U.S. $111 per person in 2000, while Tunisia reached to the highest level, U.S. $156 per person in 1995.
The average (...)
CAIRO, Egypt: According to the Central Agency for Public Mobilization and Statistics, the unemployment rate is currently at 9%.
The statement included that unemployment among women is 22.6% which greatly surpasses its rates among men (...)