Economy

Egypt has lowered its growth target for fiscal year 2020-2021 to 3.5 percent, down from its original target of 5.8…

The Moody’s corporation anticipates the Egyptian economy to grow 4.4 percent by the end of the current fiscal year 2019/2020…

The exchange rate of the US dollar against the Egyptian pound stabilized on Monday in Egyptian banks, compared with Sunday’s…

Africa needs an estimated US$114 billion in 2020 as it fights against the coronavirus, leaving a financing gap of around…

CAIRO (Reuters) — Saudi Arabia is facing the global crisis from a position of strength, given its strong financial position…

WASHINGTON (AP) — The ranks of Americans thrown out of work by the coronavirus ballooned Thursday to more than 20…

Egypt’s Official Gazette on Thursday issued a decree made by President Abdel Fattah al-Sisi approving a loan for 186 million…

* Traders say prices offered were high * Egypt wants to buy 800,000 tonnes from abroad * Rare purchasing tender…

The Central Bank of Egypt (CBE) has suspended work across all its banks for April 19 and April 20 due…

CAIRO (Reuters) – Egypt has postponed its plans to sell a minority stake in state-owned Banque du Caire (BQDC.CA) in…