Egypt economy

A senior International Monetary Fund official met Egypt's government on Monday to discuss a vital US$4.8 billion loan as the…

Remittances from Egyptian expats have increased by 40 percent over this fiscal year, said Prime Minister Hesham Qandil on Thursday.…

Stock exchange indexes rose at the end of trading on Thursday, supported by strong purchases from foreign investors. Market capitalization…

Egypt's pound fell to a record low on Monday as the president signaled his government would allow it to depreciate…

The dollar continued to rise against the Egyptian pound during trading on Monday in banks and exchange bureaus, despite the…

Egypt is not concerned about the dollar’s recent rise against the Egyptian pound, President Mohamed Morsy said Monday in statements…

The Egyptian pound hit a record low on Sunday of about 6.30 to the dollar after the central bank introduced…

President Morsy’s latest address to the nation—at Saturday’s opening session of the Shura Council’s new cycle—provoked a few sarcastic headlines…

Prime Minister Hesham Qandil said Sunday that although the country's economic situation is "difficult and critical," the country is not…

Talk of economic recovery has all but gone silent in Egypt, replaced by doomsday predictions about the depths to which…