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Director / Editor: Victor Teboul, Ph.D.
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As Egypt's Dollar Crisis Deepens, Push to Cut Imports Casts Shadow Over Economy

Sami Khangy's printing press has a problem: finding paper. A dollar shortage and import controls mean supply is tight. Prices are rising, profits are falling and uncertainty over the fate of Egypt's currency is clouding investment plans. "They want to cut imports but there are only two paper plants in the country and the quality is rubbish," said Khangy, sipping coffee in the office at his factory west of Cairo. "We buy imported paper from merchants. They...


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