Guides & Analytics
Egypt C.Bank Auctions US$40 mln for Local Banks
The Central Bank of Egypt (CBE) has offered its final foreign exchange auction for this week valued at US$ 40 million for local banks. The central bank is offering…
Egypt’s ICT To Launch Competition For Youths In Next Sept
The Information and Communication Technology Ministry (MCIT) is aiming to regulate the competition for choosing the best two participants to represent the Egyptian…
Egypt’s Wheat Problem: How Morsi Jeopardized Bread Supply
The biggest mistake deposed Egyptian President Mohamed Morsi made during his year in power was dramatically reducing wheat imports, according to Mohamed Abu Shadi,…
Europe Stocks Drop With German, U.K. Data In View
European stock markets traded broadly lower on Thursday, as investors focused on fresh German data and waited for the first take on U.K. growth in the second…
Egypt’s Army Should Release Mohamed Morsi for Its Own Sake
Egypt's first democratically elected president was overthrown on 3 July after mass protests. Since then he's not been heard from. He is being held, Egypt's military…
Wall Street To Facebook: We Are Ready To Eat Crow
All those snide remarks and snarls about Facebook may be history, at least for awhile. Shares FB +1.43% looked set for a blockbuster day on Thursday after…
Asia Stocks Decline; Canon, Metals Shares Fall
Asian stocks fell Thursday in the wake of an overnight decline in stocks and commodities, with shares of Canon Inc. and Sands China Ltd. sliding after the companies…
In Egypt’s Madness, Only Salafists Are Sane
You know Egypt is spinning from the world of reason when the only people making sense are ultra-conservative Salafist Islamists. Looking every inch a Hollywood…