economic reform

Egyptian economy exceeds international expectations, report
Business

Egyptian economy exceeds international expectations, report

The Egyptian government said on Saturday that economic indicators show that the Egyptian economy has exceeded international expectations, thanks to…
Airline body IATA to open Saudi office but denies it will be regional HQ
Middle East

Airline body IATA to open Saudi office but denies it will be regional HQ

CAIRO, July 7 (Reuters) – Saudi Arabia said on Wednesday that global airlines industry body IATA had agreed to open…
Egypt will be among world’s 10 largest economies in 2030: minister
Business

Egypt will be among world’s 10 largest economies in 2030: minister

On Wednesday, Egyptian Minister of Finance Mohammed Maait said that Egypt will join the world’s 10 largest economies in 2030,…
Egypt invested over 1 trillion pounds to develop infrastructure in 7 years: minister
Egypt

Egypt invested over 1 trillion pounds to develop infrastructure in 7 years: minister

Egypt has invested more than a trillion pounds to develop infrastructure within seven years, Planning Minister Hala al-Saeed announced. During…
Egyptian economy continues growing, says Franklin Templeton group
Business

Egyptian economy continues growing, says Franklin Templeton group

Franklin Templeton, a global leader in asset management with 70 years of experience, said that the Egyptian economy has been…
Saudi crown prince defends austerity steps, social loosening
Middle East

Saudi crown prince defends austerity steps, social loosening

DUBAI, United Arab Emirates (AP) — Crown Prince Mohammed bin Salman laid out a vigorous defense of his domestic policies…
Fitch Ratings affirms Egypt’s ‘B+’ with stable outlook
Economy

Fitch Ratings affirms Egypt’s ‘B+’ with stable outlook

American credit rating agency Fitch Ratings affirmed on Wednesday Egypt’s Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘B+’, with…
UK backs Sudan economic reforms with over $50 million
Middle East

UK backs Sudan economic reforms with over $50 million

CAIRO (AP) — Britain’s foreign secretary announced Thursday that his government would offer more than $50 million to help poor…
Saudi will strike those who threaten its security, crown prince warns
Middle East

Saudi will strike those who threaten its security, crown prince warns

RIYADH (Reuters) – Saudi Arabia will strike those who threaten the kingdom’s security and stability with an “iron fist”, the…
CBE: Local currency limit for passengers entering and exiting Egypt remains at LE5,000
Business

CBE: Local currency limit for passengers entering and exiting Egypt remains at LE5,000

The Central Bank of Egypt (CBE) on Thursday maintained the maximum limit of banknotes travelers allowed to carry while entering…
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