CAIRO — The housewives and breadwinners stepping out of a Cairo supermarket with bags of groceries agreed on one thing. “The prices are very high,” said Sabah Fehmi, 58. “The economy has been very bad after the revolution.” One after another, her fellow shoppers one afternoon this month in Nasr City complained about how food prices have risen since the 18-day winter uprising that toppled president Hosni Mubarak.
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BING NEWS:
- Exchange rate in Egypt nears $1/EGP 50 for first time since March
The US dollar reached its highest level against the Egyptian pound on Wednesday since March of this year, reaching EGP 49.80/$1, according to the Central Bank of ... to steer its economy toward ...
11/20/2024 - 6:02 am | View Link - ‘Al Dahra – Egypt’ announces its strategic plans to enhance food security and support the local economy
By exporting crops like citrus fruits to Europe and Southeast Asia, it not only bolsters the local economy but also helps meet Egypt’s foreign currency needs. This year, the company ranked among the ...
11/18/2024 - 11:01 am | View Link - Egypt aims to boost entrepreneurship investments to $5bln
He said the government recognises the importance of supporting entrepreneurship, especially given Egypt’s youthful population. “Everyone acknowledges that this is a promising sector, and we will ...
11/11/2024 - 4:55 pm | View Link - Egypt tourism revenues to grow by around 8% in Q4 2024: Egyptian Tourism Authority CEO
In related news, Egypt attracted a record-breaking 7.069 million tourists in the first half of 2024, scoring a slight increase from the 7.062 million visitors during the same period in 2023.
11/11/2024 - 11:00 am | View Link - IMF to begin review Egypt’s loan program on Tuesday
She noted that the IMF’s discussions with Egypt next week will also look into ways of supporting the Egyptian objectives in the area of greening the economy and Egypt’s access to the ...
11/3/2024 - 3:44 am | View Link - More
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