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Egypt’s investment problems: The Cemex case

By Iris Boutros The young, new Minister of Investment, Yehia Hamed recently announced that the government would not sell or privatise any of the public sector companies while in a meeting with the Egyptian Aluminum Company in Naga Hammadi, Qena, according to Egypt’s State Information Service on 14 May. He assured workers of public sector …

Daily News Egypt

Egypt and the IMF: Are we asking the right questions?

By Iris Boutros The focus of Egypt’s progress to secure the pending $4.8bn loan from the International Monetary Fund (IMF) has been on the size, timing, and conditions of the loan. Many have speculated on the impact of protracted negotiations, the economy, the currency, investment, price inflation and subsidy cuts. These questions are critical, but …

Daily News Egypt

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