Business

Planning and International Cooperation Minister Ashraf al-Araby signed Sunday morning a 940 million euro agreement of foreign financing for the…

Egypt’s foreign and internal debt services have accumulated over the past decades and now exceed LE130 billion, presidential spokesperson Yasser…

Egypt is currently taking a series of massive measures which officials say will help fix the country’s ailing economy. In…

Ali Mazen, a day laborer from Fayoum, barely makes enough in Cairo to buy food for his family back home.…

Prime Minister Hesham Qandil met with 20 potential investors on Monday to discuss opportunities in the Egyptian market. Coming from…

Revenue from Egypt's Suez Canal will not fall this year from the US$5.2 billion it achieved in 2011, the head…

Turkey has agreed during a visit by Egyptian officials to Istanbul to provide Egypt with a US$2 billion financing package,…

  Moody’s decided on Thursday to maintain Egypt’s credit rating at B2 based on negative mid-range forecasts for the nation’s…

BRUSSELS — The European Union offered Egypt macroeconomic assistance of 500 million euros, as well as between 150 and 200…

Finance Minister Momtaz al-Saeed told the Shura Council on Wednesday that Egypt is in desperate need of the International Monetary…