Swimming against the current
The government’s prescription to treat the economic recession we’re currently enduring has been a two-fold solution of increasing foreign investment and seeking more international loans. The monetary policy of maintaining…
Is Egypt making sense?
The past two weeks were very difficult to anyone who is trying to make sense of the Egyptian political scene. Egypt has always been a place where reason occasionally disappears…
Kadhafi spokesman arrested
News of the arrest came hours after the authorities said Libya was still not fully liberated from Kadhafi's legacy and warned that loyalists continued to pose an active threat, particularly…
Qatar to channel goods via Egypt to rebuild Gaza
Despite their ideological closeness, ties between Gaza's Hamas rulers and Morsy's Islamist administration have recently been strained following a deadly attack on Egyptian troops in Sinai which prompted Cairo to…
Review: Morsy’s praise of ex-military gang criticized
In almost all Egyptian newspapers, major columns have denounced President Morsy’s latest tribute to Tantawi and his team, and more than one writer has affirmed that his words are an…
Monescope Egypt: Domestic liquidity grows 8.9% in August
Monescope Egypt, a monthly tracker of monetary developments attached to Belton Financial, reports that M2 grew 8.9 per cent in August, compared to 8.1 per cent in July.
Prosecutor general investigates Al-Erian statements
Former ruling party deputy chairman said presidency had Abdel Meguid Mahmoud on tape accepting the Vatican post.
Mixed response to Friday demos
Progressive parties hail success, FJP paper claims underwhelming showing
For the seventh time: CBE fixes interest rates on deposits and loans
In its meeting Thursday, the monetary policy committee in the Central Bank of Egypt has decided to fix the interest rates on deposits at 9.25 per cent and on the…
