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Is the military good for Egypt’s economy?

By Farah Halime, Rebel Economy That’s a question I put to around a dozen Egyptian businessmen over the weekend, all of whom responded with a resounding “Yes”. Here are some snippets of conversations I had with a few of Egypt’s business community over the weekend (some appeared in this story for The National newspaper): Nassef Sawiris, billionaire …

Daily News Egypt

Egypt’s biggest oil debts

By Farah Halime, Rebel Economy   Egypt’s state oil company, the Egyptian General Petroleum Corporation, is in big trouble.  It has racked up billions of dollars of debt in the last decade with some estimating its dues to banks and oil companies is as high as $20 billion. The magnitude of EGPC’s debts is such …

Daily News Egypt

The Egyptian Teddy Bear!

It irks me so much how some of us Egyptians are sometimes very casual in the ways we infringe on other people’s feelings while becoming overly sensitive when it comes back to haunt us. It is what we call Karma. You get what you give, whether bad or good. However, we seem to think of …

Dr Mohamed Fouad