IMF

‘Shame on you’ chant Greek pensioners over bailout cutbacks
World

‘Shame on you’ chant Greek pensioners over bailout cutbacks

Several hundred elderly Greeks shouting “shame” marched through Athens on Tuesday protesting against deep cutbacks to pension payments ordered by…
Egypt on track for year-end IMF payment, but 32 percent inflation a worry
Business

Egypt on track for year-end IMF payment, but 32 percent inflation a worry

Egypt has made a “good start” to its reform programme despite seeking waivers for missing targets in June and a…
Egypt ranks 19 among world’s 21 most powerful economies in 2030: PwC report
Economy

Egypt ranks 19 among world’s 21 most powerful economies in 2030: PwC report

Egypt was ranked the 19th most powerful economy out of a list of the world’s 21 most powerful economies in…
Egypt’s central bank seen holding interest rates after unexpected hikes
Economy

Egypt’s central bank seen holding interest rates after unexpected hikes

Egypt’s central bank is seen leaving key interest rates unchanged this month, a Reuters poll indicated on Tuesday, after it…
Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg
Economy

Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg

Egypt’s tourism revenues rose to $1.5 billion in the fourth quarter of 2017, up from $510 million in the same…
Egypt streamlines industrial licensing to boost investment
Egypt

Egypt streamlines industrial licensing to boost investment

Egypt announced executive regulations on Sunday for a new industrial licensing law it says will slash bureaucracy and decrease the…
Egypt’s foreign direct investment rises to about $8.7 bln in FY 2016-17 -Investment Minister
Economy

Egypt’s foreign direct investment rises to about $8.7 bln in FY 2016-17 -Investment Minister

Foreign direct investment in Egypt is expected to have risen to about $8.7 billion in the 2016-17 fiscal year that…
Egypt increases cost of water by up to 50%
Egypt

Egypt increases cost of water by up to 50%

Egypt’s Prime Minister Sherif Ismail signed off on Wednesday to raise drinking water and sewage fees starting August by as…
Egypt Reserves Reach Record High of Over $36 Billion
Economy

Egypt Reserves Reach Record High of Over $36 Billion

Egypt’s foreign reserves reached $36.036 billion in July, a record high, which the prime minister described as “good news” as…
Private sector still faces “risks” after EGP devaluation: Financial Times
Business

Private sector still faces “risks” after EGP devaluation: Financial Times

Factories and entrepreneurs in Egypt are still facing tremendous “risks” after the flotation of the Egyptian pound in November 2016, the…
Back to top button