News Source: Androscoggin News
| 11 months ago
Egypt (AP) — Egypt's economic development minister says the country could lose between $5 billion and $6 billion in foreign revenue in fiscal 2009 because of the global economic meltdown...Osman Mohammed Osman was quoted Tuesday by the state-owned...
News Source: Egypt News
| 11 months ago
With the boom over the past few years in Egypt’s economy, foreign direct investment (FDI) has become a fixation for many businessmen and economists alike who see it as a critical component of economic growth. However, the slowdown that has...
News Source: Egypt News
| 11 months ago
Inflation was one of the top newsmakers of year, and rightly so. When it comes to cost of living, particularly amid a global economic crisis, what issue can be more pressing? Indeed, 2008 will probably be remembered as the year of soaring inflation,...
News Source: Egypt News
| 11 months ago
As soon as the US and Europe began reeling from the financial crisis, analysts were quick to gauge the ripple effects on Egypt’s top two performing sectors: real estate and banking. The immediate aftermath of the crisis witnessed bleak...