Egyptian economy

Qandil: Financial plan aims to cut subsidies, bring people into tax system
Business

Qandil: Financial plan aims to cut subsidies, bring people into tax system

Egypt's new prime minister said on Sunday he was finalizing an economic reform plan that would rein in hefty subsidies…
US business leaders to visit Egypt amid debt cancelation questions
Egypt

US business leaders to visit Egypt amid debt cancelation questions

US Deputy Secretary of State Thomas Nides will accompany a major American business delegation visiting Egypt on Saturday, officials said,…
Egypt may dispense part of the IMF loan, says offical
Egypt

Egypt may dispense part of the IMF loan, says offical

  The government is not obliged to withdraw the total value of the loan requested from the International Monetary Fund…
Update: Finance minister assures IMF won’t interfere with policy, addresses Qatar loan
Egypt

Update: Finance minister assures IMF won’t interfere with policy, addresses Qatar loan

The International Monetary Fund would not interfere with the Egyptian government’s new reform policies, said Finance Minister Momtaz al-Saeed on…
IMF envoys: Egypt visit is to express solidarity, not discuss loan details
Business

IMF envoys: Egypt visit is to express solidarity, not discuss loan details

The International Monetary Fund's delegation in Cairo met with representatives from the economic ministries to agree on the steps Egypt…
Cheap food, to no end
Egypt

Cheap food, to no end

  Not much in the new small-to-medium-sized supermarket Zad hints at its religious or political affiliation. But the store, sitting…
Committee formed to liaise between Morsy, private sector
Egypt

Committee formed to liaise between Morsy, private sector

The committee created by President Mohamed Morsy to liaise between his office and representatives from the private sector held its…
Egyptian Business Development Association launching new projects
Egypt

Egyptian Business Development Association launching new projects

The Egyptian Business Development Association, led by Muslim Brotherhood businessman Hassan Malek, held a Ramadan iftar for its members on…
Sources: Brotherhood seeks takeover of economic ministries
Egypt

Sources: Brotherhood seeks takeover of economic ministries

None of the current heads of the economic ministries have been discussed in meetings held by newly-appointed Prime Minister Hesham…
Suez Canal revenue rises 3.6 pct in 2011-12
Egypt

Suez Canal revenue rises 3.6 pct in 2011-12

  Revenue from Egypt's Suez Canal rose 3.6 percent for the financial year 2011/2012, which ended June 30, as compared…
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