Egypt economy

Government spokesperson, Alaa al-Hadidy, on Wednesday said Egypt is far from the “frightening scenario” of bankruptcy. “Bankruptcy is normally preceded…

Egypt has banned travelers from carrying more than US$10,000 in foreign currency cash in or out of the country, as…

Prime Minister Hesham Qandil said on Tuesday that political stability was crucial to luring back foreign investors and tourists to…

The World Bank plans to support Egypt’s economic reform plan with a US$1 billion loan to create new programs to…

Foreign cash reserves held by the Central Bank of Egypt dropped by US$448 million in November, falling from $15.483 billion…

As Egypt struggles to recover from a period of political tumult and a two-year economic downturn, the country’s market officials…

The Finance Ministry has sold LE500 million in 3-year treasury bonds (due to mature on 9 October 2015), it announced…

Egypt will not accept a US$4.8 billion International Monetary Fund loan unless it is consistent with economic reform policies that…

LONDON — Egypt has secured oil supplies for the rest of the year, despite fears about its ability to make…

Companies under the Holding Company for Natural Gas EGAS are trying to boost their growth rate to 6 percent by…