Business

  Moody’s decided on Thursday to maintain Egypt’s credit rating at B2 based on negative mid-range forecasts for the nation’s…

BRUSSELS — The European Union offered Egypt macroeconomic assistance of 500 million euros, as well as between 150 and 200…

Finance Minister Momtaz al-Saeed told the Shura Council on Wednesday that Egypt is in desperate need of the International Monetary…

Trade and Industry Minister Hatem Saleh said at a meeting with the Egyptian-Saudi Business Council Wednesday that there are Saudi…

Domestic public debt in Egypt has reached an unprecedented LE1.386 trillion according to Finance Ministry indices based on a report…

Petroleum Minister Osama Kamal on Tuesday said British Gas is injecting US$3 billion to US$5 billion into development projects in…

Minister of Planning and International Cooperation Ashraf al-Araby said Tuesday that talks have started with the Saudi delegation currently visiting…

The Middle East investment giant Abraaj Capital and the US Overseas Private Investment Corporation (OPIC) are planning to invest US$150…

Egypt's new prime minister said on Sunday he was finalizing an economic reform plan that would rein in hefty subsidies…

Up to 5 million square meters of new lands will be available for industrial investment soon, divided into nine industrial…