Business

Foreign reserves are now at a critical low and must be maintained to repay the foreign debt to preserve the…

The International Monetary Fund said Monday that it welcomed steps Egypt has taken to stop a drain on its international…

Egypt's budget deficit in the year to end-June 2013 could widen by 50 percent from the original forecast made in…

The dollar continued to rise against the Egyptian pound during trading on Monday in banks and exchange bureaus, despite the…

  Egypt's central bank said it was offering to sell US$75 million to banks on Monday at its second foreign currency…

  The state budget suffers from an incurable disease, with resources only covering 60 percent of public expenditures, state-owned Nile…

 

Egypt's central bank introduced a new auction system for buying and selling US dollars to help conserve foreign reserves, which…

When trying to predict what the coming year has in store in the context of an increasingly intertwined global economy,…

Turkey has immunized its US$2 billion loan to Egypt against variables such as a court ruling, said a government source.…