Business

Egypt’s unbalance of payments

Egypt’s unbalance of payments

It’s no secret that Egypt’s current government is having trouble financing its spending. But the government’s troubles reflect a greater…
Egypt makes top 10 list of countries not likely to pay back debt

Egypt makes top 10 list of countries not likely to pay back debt

Egypt was named as the 10th riskiest debtor in the world in a study by CMA Sovereign Global, a research…
Yields dip on Egypt bonds, IMF deal eyed

Yields dip on Egypt bonds, IMF deal eyed

    Average yields dipped at an auction of re-opened three- and seven-year bonds on Monday, continuing a steady slide…
Presidency: Morsy seeking investments to create jobs

Presidency: Morsy seeking investments to create jobs

President Mohamed Morsy is seeking to attract foreign investments to bolster the economy and create job opportunities, presidential spokesperson Yasser…
Egypt studies joint stock trading with Turkey

Egypt studies joint stock trading with Turkey

The Egyptian Exchange is studying an alliance with the Istanbul Stock Exchange that would allow investors in the two countries…
Report: Experts draw up government economic reform plans

Report: Experts draw up government economic reform plans

Experts have drawn up proposals for tax and energy subsidy changes and will present them to Egypt's Cabinet on Sunday,…
Egyptian delegation to visit South Korea to discuss nuclear cooperation

Egyptian delegation to visit South Korea to discuss nuclear cooperation

The Egyptian government has announced that it would send an economic delegation to South Korea in the near future to…
Officials tout big plans for development in the Suez Canal

Officials tout big plans for development in the Suez Canal

As Egypt struggles to emerge from a period of deep financial uncertainty, government officials are looking towards the country’s vital…
A new loaf: Will Egypt tighten bread subsidies?

A new loaf: Will Egypt tighten bread subsidies?

At the dead end of a winding side street in the central Cairo neighborhood of Sayeda Zeinab, Ashraf al-Husseini sat…
Agriculture Ministry imports meat for Eid

Agriculture Ministry imports meat for Eid

Egypt has imported 36,000 cattle and 30,000 camels from countries as diverse as Sudan, Brazil, Croatia and Australia in preparation…
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