Tag Archives: Economy

Only two in 100 in Egypt have access to broadband internet: MCIT

Only two in 100 in Egypt have access to broadband internet: MCIT

Photo Courtesy of Ministry of Communications and Information Technology

Photo Courtesy of Ministry of Communications and Information Technology

 

The Ministry of Communications and Information Technology (MCIT) stated in its latest published report that only two out of 100 individuals in Egypt have access to broadband internet penetration, compared …

Egypt’s growth to miss forecasts

Reuters – Egypt’s economy will only grow by 2.0% in the fiscal year ending June 2014, well below the government target of 3.5%, according to a Reuters poll of economists who lowered their forecasts once again.

Chances for an economic …

Constitution referendum results boost investor confidence in Egypt: Cabinet’s economic team

Constitution referendum results boost investor confidence in Egypt: Cabinet’s economic team

Polling station officials count ballots in the Egyptian capital Cairo on January 15, 2014 at the end of the second day of voting in a referendum on a new constitution. Voting proceeded smoothly in a referendum on a new Egyptian constitution after clashes killed nine people on day one, with turnout seen as key to a likely presidential bid by the army chief.  (AFP PHOTO / KHALED DESOUKI)

Polling station officials count ballots in the Egyptian capital Cairo on January 15, 2014 at the end of the second day of voting in a referendum on a new constitution.
(AFP PHOTO / KHALED DESOUKI)

The passing of the new …

Egyptian economists largely bullish on new constitution

Egyptian economists largely bullish on new constitution

Egyptians celebrate in Tahrir square after a new constitution was approved on January 18, 2014 in the capital Cairo. The new constitution was approved by 98.1 percent, the elections chief said, in what the government declared a popular endorsement of the army's overthrow of Islamist president Mohamed Morsi.   (AFP PHOTO MAHMOUD KHALED)

Egyptians celebrate in Tahrir square after a new constitution was approved on January 18, 2014 in Cairo.
(AFP PHOTO MAHMOUD KHALED)

Egypt’s new constitution, which was approved on Saturday by 98.1% of voters, has been viewed by economic analysts as …

World Economic Forum warns of dangers in growing inequality

World Economic Forum warns of dangers in growing inequality

World Economic Forum  founder and executive chairman Klaus Schwab (AFP Photo)

World Economic Forum founder and executive chairman Klaus Schwab (AFP Photo)

Reuters – A chronic gap between rich and poor is yawning wider, posing the biggest single risk to the world in 2014, even as economies in many countries start …