Egypt economy

February 4, 2013

Finance Ministry: State revenues up, but so is inflation

State revenues jumped by 31 percent during the first half of the fiscal year 2012/2013, reaching LE153 billion as compared…

January 28, 2013

The stock market lost LE4 billion (US$606 million) by the end of the trading day Monday as foreign traders' transactions…

January 24, 2013

Prime Minister Hesham Qandil and International Monetary Fund (IMF) head Christine Lagarde met on Thursday to discuss the future of…

January 21, 2013

Egypt received 11 million tourists in 2012 and aims to boost that number to 14 million in 2013. Tourism Ministry…

January 14, 2013

The draft law on sukuk (Islamic bonds) will likely be approved by all the relevant institutions, including the Finance Ministry,…

January 11, 2013

The country is on the road to economic recovery, thanks to the help of highly efficient economic experts who…

January 10, 2013

Officials went to the drawing board with a controversial law on sukuk , or Islamic-sanctioned bonds, that was set to…

January 10, 2013

A nationwide lack of faith in the economy was reflected in a 15.8 percent slide in the consumer confidence index…

January 10, 2013

Stock indexes fell significantly at the end of trading on Thursday, influenced by heavy selling transactions made by foreign investors…

January 7, 2013

Qatari Prime Minister Sheikh Hamad bin Jassim arrived in Cairo late on Monday for a two-day visit. Jassim is to…