Business

  Egypt's new president said on Monday he would not impose new taxes or devalue the country's currency and that…

  The US is resuming negotiations with the Egyptian government regarding an economic aid package to help Egypt overcome the…

  The government will no longer subsidize energy for new cement factories, including 14 factories for which licenses have already…

Spokesperson for the Salafi Nour Party Yousry Hammad said Saturday that the interest on the planned IMF loan to Egypt…

  LONDON/CAIRO — Egypt is finding it increasingly difficult to import fuel as foreign banks and traders pull the plug…

The International Monetary Fund's delegation in Cairo met with representatives from the economic ministries to agree on the steps Egypt…

Lieutenant General Mohab Mamish, Suez Canal Authority chairman, said that the canal hit a record in daily revenue Thursday with…

The Egyptian government has entered negotiations with the International Monetary Fund for a US$4.8 billion loan, Prime Minister Hesham Qandil…

Egypt has formally requested a US$4.8 billion loan from the International Monetary Fund, a spokesman for its president said on…

The state-owned Agricultural Development Bank will drop the debts of some 41,000 farmers as of next week, the bank's director announced Tuesday.…