economy
German government believes Trump would ravage U.S. economy: Spiegel
Business
October 1, 2016
German government believes Trump would ravage U.S. economy: Spiegel
Germany's economy ministry believes a Donald Trump presidency would severely damage the U.S.
US dollar hits LE13.10 on black market after Sisi’s speech
Business
September 28, 2016
US dollar hits LE13.10 on black market after Sisi’s speech
Foreign exchange traders working on Egypt's black market said the price of the US dollar jumped to more than LE13…
Sisi launches ‘spare change’ initiative to fund national projects
Egypt
September 27, 2016
Sisi launches ‘spare change’ initiative to fund national projects
Egyptian President Abdel Fattah al-Sisi has announced his third major initiative to support the Egyptian economy by directing money from…
Egypt, India to discuss mega projects, medical city
Business
August 31, 2016
Egypt, India to discuss mega projects, medical city
President Abdel Fattah al-Sisi begins a three-day visit to New Delhi on September 1 for talks with Prime Minister Narendra…
Welspun scandal follows years of plummeting Egyptian cotton output
Business
August 26, 2016
Welspun scandal follows years of plummeting Egyptian cotton output
A scandal involving the alleged sale of falsely labeled Egyptian cotton products by an Indian textile manufacturer to U.S.
In Egypt, IMF deal brings austerity few can afford
Economy
August 20, 2016
In Egypt, IMF deal brings austerity few can afford
A few years ago Imad would not have imagined himself queuing in the Cairo sun for a weekly ration of…
Egypt’s economy drops to third place in Africa rankings: Bloomberg
Business
July 15, 2016
Egypt’s economy drops to third place in Africa rankings: Bloomberg
Bloomberg has rated the Egyptian economy third on the African continent, pushing it back from second place after just two…
Govt plans infrastructure investment fund: minister
Business
March 28, 2016
Govt plans infrastructure investment fund: minister
The government is in the process of establishing a specialized fund for infrastructure investments, Planning Minister Ashraf al-Araby said on…
Experts divided over Egyptian pound devaluation
Business
March 15, 2016
Experts divided over Egyptian pound devaluation
The Central Bank of Egypt's decision to devalue the country’s currency rate has drawn mixed reactions from experts. The Egyptian…
Sisi’s ‘Egypt Vision 2030’ speech garners positive, negative reactions
Egypt
February 25, 2016
Sisi’s ‘Egypt Vision 2030’ speech garners positive, negative reactions
Reactions from the media and politicians varied in response to an hour and a half long speech delievered by President…