Egypt’s lower interest rates and easing inflation are set to encourage capital spending by businesses that have refrained from making such ...
Egypt will offer stakes in five or six state-owned enterprises by the end of June 2020 in an effort “to encourage the private sector and ...
Egypt’s annual urban consumer price inflation eased to 14.2 percent in March from 14.4 percent in February, the state statistics agency CAPMAS ...
Egypt’s annual urban consumer price inflation increased to 14.4 percent in February from 12.7 percent in January, the official statistics agency ...
Egypt’s short-term dollar-denominated debt fell $3.25 billion to about $14 billion by the end of 2018, the deputy finance minister said on ...
Egypt’s central bank is expected to keep key interest rates unchanged at its meeting on Thursday after inflation dropped back to within the ...
Nadia Mohammad Salem started saving up for her wedding long before she got engaged. But getting married proved far more stressful than she’d ...
Egypt’s annual urban consumer price inflation accelerated to 17.7 percent in October from 16.0 percent in September, the official statistics ...
Egypt has reached an agreement with the International Monetary Fund on release of the next $2 billion loan installment, the fifth under the ...
Egypt’s Central Bank Governor said foreign inflows have exceeded $120 billion since its pound currency was floated in November 2016, state ...
Egypt will keep its customs exchange rate steady at 16 pounds per dollar for April, state news agency MENA said on Saturday. Egypt began setting a ...
Encouraged by Egypt’s economic reforms, a major gas find, streamlined business rules and a devalued currency, investors are increasingly ...
Egypt's 2017 trade deficit fell 26 percent year on year by $12 billion, the trade ministry said on Monday. Imports declined in the first ...
Egypt has paid back a total of $4 billion of its debts to the African Export-Import Bank, the central bank was reported as saying on Tuesday.The ...
Egypt’s central bank raised its key interest rates by 200 basis points on Sunday, citing stronger economic growth and falling unemployment, ...
Egypt has many advantages that theoretically qualify it to become one of the most important economic success stories in the Middle East. These include ...
“So, nobody told you that you are extremely poor?” asked Egyptian President Abdel Fattah al-Sisi at the annual Youth Forum, held this year ...
Sawiris also alluded to the present currency devaluation and increase of global fuel prices that have been other factors in the economic slowdown in Egypt.
“It’s time to invest in Egypt” is the explicit message that the Egyptian government is attempting to send out to the world
Complaints about a shortage of basic goods have been echoing across the country
The IMF executive board said it would release $2.75 billion to Egypt immediately, while further disbursements will depend on the country’s economic performance
The Egyptian government certainly does not want to face a crisis of shortages of subsidized items
Several observers compared the initiative to previous ones launched by Sisi, arguing that none of them could save the Egyptian economy
Egypt’s central bank has closed 48 foreign exchange bureaus since the start of the year for trading at black market rates and other violations
If the economy does not recover soon, Sisi could follow his predecessors
Rising prices, low wages and delays in salaries and bonuses have workers vowing more strikes and protests
Egypt’s Central Bank Governor Tarek Amer said on Saturday that devaluing the Egyptian pound had attracted foreign investment worth $500 million
Saudi Arabia also signed a separate five-year agreement to help Egypt finance its petrol needs
January 25 is as good as any date to look at what el-Sisi has achieved and what he has not over the years
Egypt’s central bank kept the pound steady against the dollar at its official foreign currency auction
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