Egypt

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Egypt's loan delay is about prices -- and power

Apr 3, 2013
Egypt needs a loan from the IMF to right its floundering economy, but the money will come with austerity strings attached.
Posted In: Arab Spring, Egypt, IMF, morsi
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Why mess with an undersea Egyptian Internet cable?

Mar 29, 2013
The Egyptian Navy says it caught three men trying to cut a big Internet cable that runs under the Mediterranean causing slow downs in the country and as far away as Pakistan.
Posted In: Internet, Egypt, Tech
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Egypt's economy no better two years after Hosni Mubarak

Feb 11, 2013
Unrest returns to the streets two years after the ex-president's ouster, which means more disruption for the country's economy.
Posted In: Egypt, Hosni Mubarak
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Egypt's economy two years after revolution

Feb 11, 2013
It may still be too early to judge the success or failure of that revolution in Egypt, but one thing is clear: It has not led to economic prosperity.
Posted In: Egypt, Arab Spring
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Egypt downgraded as political tensions continue

Dec 24, 2012
Vital austerity measures could be harder to push through in Egypt as political unrest continues.
Posted In: Egypt, IMF, morsi
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IMF delays loan to Egypt

Dec 11, 2012
The International Monetary Fund says a $4.8 billion loan for Egypt is on hold. The IMF cited "unfolding developments on the ground."
Posted In: Egypt, IMF
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Stock market tumbles as Morsi expands powers

Nov 26, 2012
As President Morsi works to resolve tensions over his expanded powers, confidence in Egypt's government and economy falters.
Posted In: Egypt, morsi, Arab Spring
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U.S. companies roll with turmoil in Egypt

Sep 17, 2012
Some businesses see little impact of current unrest on long-term business strategy in Egypt.
Posted In: Egypt
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U.S., IMF close to debt relief deals for Egypt

Sep 5, 2012
The International Monetary Fund is said to be close to a multi-billion dollar deal to aid the country currently grappling with major budgetary problems. The Obama administration is also looking to contribute another billion.
Posted In: Egypt
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The economic challenges that Egypt still faces

Jul 3, 2012
Just one week ago Mohamed Morsi moved into the Egyptian presidential palace. Egypt has the region's third-largest economy, but income per-person is near the bottom.
Posted In: Egypt

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