Egyptian economy
‘The secret group ruling Egypt,’ the deep state and its collapse
Opinion
January 25, 2012
‘The secret group ruling Egypt,’ the deep state and its collapse
Even though I am convinced there are profound differences between the processes of revolutionary transformation in 1952 from those of…
Initiative seeks to raise money from engineers to support Egyptian economy
Business
January 19, 2012
Initiative seeks to raise money from engineers to support Egyptian economy
Engineers Syndicate members launched a new initiative to raise LE12 billion from engineers working in Gulf countries in order to…
IMF delegation arrives in Cairo to negotiate loan agreement
Business
January 16, 2012
IMF delegation arrives in Cairo to negotiate loan agreement
A delegation from the International Monetary Fund arrived in Cairo on Monday led by Massoud Ahmed, director of the IMF's…
IMF plans to visit Egypt in January after canceling December visit
Business
December 28, 2011
IMF plans to visit Egypt in January after canceling December visit
The International Monetary Fund (IMF) said it postponed a visit to Cairo in mid-December for security reasons but plans to…
UAE energy minister says investments in Egypt to continue
Business
December 8, 2011
UAE energy minister says investments in Egypt to continue
The United Arab Emirates will continue to invest in Egypt, especially in petroleum and renewable energy, UAE Energy Minister Mohamed…
Military official sees Egypt foreign reserves plunging
Business
December 1, 2011
Military official sees Egypt foreign reserves plunging
Egypt's foreign reserves will plunge by a third to US$15 billion by the end of January and the budget deficit…
Egypt T-bill yields rise as banks feel pinch
Business
November 13, 2011
Egypt T-bill yields rise as banks feel pinch
Egyptian treasury bill yields jumped by around 40 basis points at an auction on Sunday, in further sign that the…
Egypt’s NSGB says Q3 profit strong despite economy
Business
November 9, 2011
Egypt’s NSGB says Q3 profit strong despite economy
National Societe Generale Bank (NSGB) , Egypt's second-biggest private bank by market capitalization, shrugged off domestic economic and political woes…
Suez Canal revenues, expat remittances up despite revolution
Business
November 3, 2011
Suez Canal revenues, expat remittances up despite revolution
Despite the revolution and global financial troubles, some sectors of the Egyptian economy have attained stable performance and growth rates,…
Egyptian firms struggle as political uncertainty hits economy
Business
September 21, 2011
Egyptian firms struggle as political uncertainty hits economy
When the chief executive officer of Mobinil, one of Egypt's largest telecommunications firms, tries to plan his budget for 2012,…