IMF

Egypt to halt flour subsidy, cut wheat imports up to 10%
Egypt

Egypt to halt flour subsidy, cut wheat imports up to 10%

Egypt, the world’s largest wheat buyer, will stop subsidizing flour for its sweeping bread subsidy program next month in a…
Venezuela marks 100 days of unrest, at a glance
World

Venezuela marks 100 days of unrest, at a glance

Anti-government protests in Venezuela hit the symbolic mark of 100 days on Sunday with a grim record of at least…
Egypt’s foreign reserves rose by $180 million in June: CBE
Business

Egypt’s foreign reserves rose by $180 million in June: CBE

The Central Bank of Egypt (CBE) announced that the country’s foreign reserves rose by $180 million in June, an increase…
Following two waves of fuel hikes, Egypt’s middle-class succumb to austerity
Features/Interviews

Following two waves of fuel hikes, Egypt’s middle-class succumb to austerity

Omar Abdel Sattar has been navigating Cairo’s heavily jammed streets to attend business meetings ever since he started his job at a…
Walt Disney lifts ban on merchandise produced in Egypt: Trade minister
Egypt

Walt Disney lifts ban on merchandise produced in Egypt: Trade minister

After four months of negotiations with Egyptian officials, Walt Disney Company has decided to lift the ban it placed on…
Sisi announces 7 measures aimed at easing economic hardship
Egypt

Sisi announces 7 measures aimed at easing economic hardship

Egypt is set to carry out numerous measures to “ease the burdens of the average Egyptian citizen,” President Abdel Fattah…
Egypt’s inflation falls for first time since currency float
Economy

Egypt’s inflation falls for first time since currency float

Egypt’s annual consumer price inflation fell to 30.9 percent in May, compared to 32.9 percent in April, the Central Agency…
Tunisia protesters close oil pumping station after army standoff
Middle East

Tunisia protesters close oil pumping station after army standoff

Tunisian protesters shut an oil pumping station that feeds a coastal terminal on Saturday after a standoff with troops, escalating…
US dollar bond yields jump in Egypt: Bloomberg
Business

US dollar bond yields jump in Egypt: Bloomberg

The US dollar bond yields in Egypt have jumped this year, causing the cost of borrowing to reach its lowest…
Worries over Trump policies cloud start of IMF, World Bank meetings
Business

Worries over Trump policies cloud start of IMF, World Bank meetings

World finance leaders are gathering on US President Donald Trump's home turf on Thursday to try to nudge his still-evolving…
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