The central bank let the Egyptian pound depreciate on the official market for the first time since July, allowing it to reach 7.19 pounds per dollar, its weakest level since auctions began in December 2012.
Read on »Posts Tagged: Economy
Egypt’s businesses among most corrupt in the world, says Ernst & Young
Egypt’s business executives are at the top of the list when it comes to incidents of fraud and corruption.
Read on »The Family
Revolution Through Arab Eyes – The Factory
SCAF’s business empire
Telecommunication Revolution
In a country of roughly 85 million people, one third of whom are illiterate, you still get the following… The number of mobile phone subscriptions in Egypt grew by 22 per cent to 81.7 million users in the year to November, government figures showed on Sunday. The number of mobile phone subscriptions in October was
Read on »Piggipedia: SS, banks, labor laws
With 11 years experience as the Head of Electronic Investigation Department at (Mubarak’s dissolved Gestapo) State Security Police, one accumulates enough experience to become a banker and an expert on labor law.
Read on »Security Paranoia
Just a casual observation… I went today to pay my Mobinil monthly bill at their Abbas el-Akkad Street branch. The shop has been fortified with iron bars that cover the glass windows. Inside the shop, now there is an armed private security guard holding a baton, watching the customers nervously and making everyone around him
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