economy

  The state budget suffers from an incurable disease, with resources only covering 60 percent of public expenditures, state-owned Nile…

  Hajj pilgrims buy an estimated 25 percent of the gold and jewelry sold in Saudi Arabia each year, according…

Egyptian consumers have greater confidence, and are more likely to make durable goods purchases now than they were at the…

 

Egypt's urban consumer inflation slowed to 6.2 percent in the 12 months to September 2012, the state statistics agency reported…

Prime Minister Hesham Qandil said in a speech Monday that the state of the Egyptian economy can be improved, despite…

Foreign exchange reserves increased by about US$685 million at the end of August after Qatar gave $500 million, the first…

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

 Pictures of unemployed, self-immolated 26-year-old Mohammed Bouazizi line the offices of Tunisian officials, who emphasize a clear break with the…

The government is in contact with the International Money Fund to resume negotiations on a US$3.2 billion loan to Egypt,…