Economy

Samih Sawiris, Chairman of Orascom Development Holding, has blamed the delayed investment of his company in Ethiopia on Egypt’s stance…

The Egyptian pound held steady against the dollar at an official foreign currency auction on Sunday and on the black…

China has removed the head of its securities regulator following a turbulent period in the country's stock markets, appointing a…

Central Bank Governor Tareq Amer has assured Egyptians of the resilience of the country’s economy, dismissing reports about investors leaving…

The African Export-Import Bank (Afreximbank) has agreed a US$500 million facility with the Central Bank of Egypt (CBE) to help…

The African Development Bank has vowed to provide a US$1.5 billion contribution to the financing of Egypt’s New Administrative Capital…

Egypt's strategic wheat reserves are enough to last until the start of June, Supply Minister Khaled Hanafi said in a…

A faltering oil price rally pushed back European stocks and sent benchmark German Bund yields below 0.20 percent on Friday…

Analysts and bankers expect an increase in Egyptians' demands to convert Egyptian pounds to US dollars, a phenomenon known as…

"Any rice?" says the woman, leaning into a shop in Cairo and brandishing a green smartcard that carries her family's…