Egyptian economy

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MB MPs accuse ministers and senior state officials of corruption

A signed petition by 23 Muslim Brotherhood MPs was submitted to the Parliament’s Speaker Dr Fathi Sorour, demanding the discussion of files concerning the Ministers’ violations and abuse of authority

IMF: Current account deficit in Egypt 6.2% … and low inflation, 12%

The International Monetary Fund (IMF) predicted in its annual report on the prospects for the global economy published last Wednesday that an increase of the rate of growth of the

Egyptians call for meat boycott

Two Facebook groups have been established and The Egyptian Chamber of Tourist Establishments (ECTE) have called on all food outlets and companies to boycott red meat on April 26.

Gamal Mubarak meets with Top U.S. business delegation

Taher Helmy, head of the U.S-Egyptian business Council, said that a U.S. Business Delegation met with the General Secretary of the NDP Policy Committee Gamal Mubarak at the party's headquarters

MB MPs statement of non-acceptance of state budget

Members of the Muslim Brotherhood's parliamentary bloc in the People's Assembly issued a statement on the approval of the ruling party's parliamentary majority on the final accounts of the state

Is the Hosni Mubarak era ending in Egypt?

On March 6 the 81-year-old Egyptian President Hosni Mubarak traveled to Heidelberg, Germany for gall bladder surgery. The blogosphere fluttered with rumors of his death. However, in a report dated

Talking economics, politics, development and the future of Egypt with Magdy Sobhi

Magdy Sobhi, 52, is the Deputy Director and economist at the al-Ahram Center for Political and Strategic Studies, speciailizing in the Egyptian economy and the oil and gas sector in

IMF calls on Egypt to cut budget deficit

The International Monetary Fund (IMF) has called on Egypt to take measures to cut its budget deficit within the coming fiscal year in order to reassure investors that the government

Egypt at democratic crossroads

Two recent events have caught the attention of the Egyptian media and fed speculation about the 2011 presidential election in Egypt.

A city called Egypt

It’s past time that Egyptians came to terms with the reality that we’re a country that imports its breakfast.