by Asharq Al-Awsat | Jun 30, 2014 | Business
Cairo, Reuters—Egypt’s cabinet has submitted a revised budget for the new fiscal year which starts on Tuesday, proposing a narrower deficit after President Abdel-Fattah El-Sisi rejected a previous draft because spending was too high, Finance Ministry spokesman...
by Abdul Sattar Hatita | May 8, 2014 | Business
Cairo, Asharq Al-Awsat—Mounir Fakhry Abdel Nour is one the 20 ministers who survived Egypt’s cabinet reshuffle in March, which saw Hazem El-Beblawi replaced by Ibrahim Mahlab as premier. As Egypt’s Minister for Trade, Industry and Investment, he has a tough job on his...
by Asharq Al-Awsat | May 4, 2014 | Business
Dubai, Reuters—Egypt’s tourism minister on Sunday announced ambitious plans to try to revive the country’s tourism sector, in distress after years of political turbulence. Government data showed last month that tourism revenue dropped 43 percent to 1.3...
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...
by Ali Ibrahim | Jan 22, 2014 | Opinion
The traffic flow in Cairo could not be smoother in the early hours of the morning. During that time, a journey from Cairo International Airport to the heart of the capital can take less than 30 minutes, while during the day or the evening it may take two hours or...
