Business

IMF team to resume talks in Egypt next week

IMF team to resume talks in Egypt next week

An International Monetary Fund team will arrive in Cairo next week to resume discussions on a US$4.8 billion loan that…
Consumer confidence up since Morsy’s election

Consumer confidence up since Morsy’s election

Egyptian consumers have greater confidence, and are more likely to make durable goods purchases now than they were at the…
Egypt to import Algerian gas

Egypt to import Algerian gas

Prime Minister Hesham Qandil said on Wednesday that although Egypt is a producer and exporter of natural gas, it has…
Egypt’s cotton exports down by 26.8%

Egypt’s cotton exports down by 26.8%

Egypt's cotton exports have fallen by 26.8 percent to 232 metric tons during the period from March to May 2012,…
Egypt association plans list of Islamic stocks

Egypt association plans list of Islamic stocks

An Egyptian association plans to launch a list of sharia-compliant equities next week as part of its efforts to raise…
Egypt’s unbalance of payments

Egypt’s unbalance of payments

It’s no secret that Egypt’s current government is having trouble financing its spending. But the government’s troubles reflect a greater…
Egypt makes top 10 list of countries not likely to pay back debt

Egypt makes top 10 list of countries not likely to pay back debt

Egypt was named as the 10th riskiest debtor in the world in a study by CMA Sovereign Global, a research…
Yields dip on Egypt bonds, IMF deal eyed

Yields dip on Egypt bonds, IMF deal eyed

    Average yields dipped at an auction of re-opened three- and seven-year bonds on Monday, continuing a steady slide…
Presidency: Morsy seeking investments to create jobs

Presidency: Morsy seeking investments to create jobs

President Mohamed Morsy is seeking to attract foreign investments to bolster the economy and create job opportunities, presidential spokesperson Yasser…
Egypt studies joint stock trading with Turkey

Egypt studies joint stock trading with Turkey

The Egyptian Exchange is studying an alliance with the Istanbul Stock Exchange that would allow investors in the two countries…
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