Reasons for optimism in 2013
By Moustafa Menshawy Cairo - If you live in Egypt, there are many reasons to feel politically, socially and economically pessimistic. Political wrangling and polarisation keeps the country on the…
Review: Columnists critique Morsy’s administration and its opposition
Commentators discussed Morsy’s administration, the failure of Hesham Qandil’s government to solve the simplest problems and the opposition’s plans to protest on the second anniversary of the January 25th Revolution.…
Investors Union: around 1500 factories are facing grave difficulties
A recent report conducted by the Investors Union stated that approximately 1500 factories in Egypt have either closed or are operating at reduced capacity
Morsy snubs Al-Gizawy’s family
President Mohamed Morsy heads for Saudi Arabia less than one week after an Egyptian lawyer was sentenced to prison and 300 lashes by a Jeddah Court
Governorates declare independence
Port Said protests include demand for independence as a separate state, following example of December protests in other governorates
Further allegations of police torture
Man allegedly tortured and falsely accused in Shiekh Zayed police station
Alexandria court passes on protester case
Clashes outside Alexandria court between families of dead and injured and security forces
TNS: fuel prices and USD exchange rate will impact car purchases
The survey indicated that among high-income Egyptians who would potentially buy a car, 65% believe that the increase in fuel prices would factor into their choice of a car that…
Pound expected to depreciate further in 2013
Throughout 2012 Egypt’s currency dropped 8.4% against the euro, which cost EGP 8.4 by the end of the year. Egypt’s currency dropped a total of 11% against the sterling in…
