economic reforms
Egypt’s governmental reforms bring economic stability: IFC chief
Economy
December 8, 2018
Egypt’s governmental reforms bring economic stability: IFC chief
The International Finance Corporation’s (IFC) Chief Executive Officer Philippe Le Houérou announced on Saturday that government reforms introduced by…
Egypt sovereign credit rating upgraded to B: S&P global ranking
Business
May 12, 2018
Egypt sovereign credit rating upgraded to B: S&P global ranking
Standard & Poor’s (S&P) global ranking lifted Egypt sovereign credit rating to B from B-, citing the country’s progress of…
Egypt’s economic reforms begin to bear fruit: Bloomberg
Economy
April 6, 2018
Egypt’s economic reforms begin to bear fruit: Bloomberg
The economic reforms in Egypt are starting to bear fruit, with the domestic deficit shrinking by 67 percent in the…
Egypt’s exchange remains top Arab performer in 2017
Economy
December 27, 2017
Egypt’s exchange remains top Arab performer in 2017
The head of the Egyptian Exchange says its benchmark index has made significant gains in 2017 thanks to economic reforms…
Chargé d’Affaires at US Embassy in Cairo speaks to Al-Masry Al-Youm in first press interview
Features/Interviews
December 3, 2017
Chargé d’Affaires at US Embassy in Cairo speaks to Al-Masry Al-Youm in first press interview
For the first time since taking office, Thomas H. Goldberger, Chargé d’Affaires at the US Embassy in Cairo spoke with…
Growth rate has increased due to investment surge: Planning Minister
Economy
December 3, 2017
Growth rate has increased due to investment surge: Planning Minister
Egypt’s Minister of Planning Hala Al-Saeed said Thursday that a rise in investments in the country has contributed to…
Egypt, IMF reach agreement on $2 billion loan disbursement
Egypt
November 10, 2017
Egypt, IMF reach agreement on $2 billion loan disbursement
Egypt has reached a staff-level agreement with the International Monetary Fund for an installment of about $2 billion more from…
Egyptians accepted economic reforms with confidence: Sisi in Hungary
Egypt
July 4, 2017
Egyptians accepted economic reforms with confidence: Sisi in Hungary
“Egyptian people seek to change their reality, bore the difficult economic measures and accepted them, because they are convinced of…
Social protection package cost stands at LE72 bn: minister
Egypt
June 23, 2017
Social protection package cost stands at LE72 bn: minister
The cost of the upgraded social protection package in the 2017-2018 state budget stands at LE72 billion, the Ministry of…
In surprise move, CBE hikes key interest rates
Business
May 22, 2017
In surprise move, CBE hikes key interest rates
The Central Bank of Egypt raised its key interest rates by 200 basis points on Sunday, citing stronger economic growth…