by Fatima El-Haj | Apr 2, 2014 | Business
Cairo, Asharq Al-Awsat—Tenders for subcontractors involved in the Saudi–Egyptian electricity grid project will be held later than initially planned, but the project is progressing on schedule, according to Gaber El-Desouky, the president of Egypt’s state-owned...
by Fatima El-Haj | Mar 24, 2014 | Business
Cairo, Asharq Al-Awsat—A proposed additional 5 percent annual tax on higher income earners in Egypt has drawn criticism from a number of economic experts speaking to Asharq Al-Awsat. The plan, announced by newly appointed Minister of Finance Hani Kadry Dimian, imposes...
by Fatima El-Haj | Mar 23, 2014 | Business
Cairo, Asharq Al-Awsat—The Egyptian economy faces three main stumbling blocks on the road to a recovery, according to a number of economic experts who spoke to Asharq Al-Awsat. The experts agreed the country’s low productivity—particularly the decline in tourism after...
by Fatima El-Haj | Mar 21, 2014 | Business
Cairo, Asharq Al-Awsat—Egypt is a country known for civil disobedience based on economic troubles, and particularly the day-to-day difficulty ordinary people have affording the necessities of life: there were the bread riots of the 1970s, and during the 2011...
