Business

Prices for the Islamic pilgrimage season, which began on Saturday, continue to rise this year. Tourism companies, which control around…

The International Monetary Fund wrapped up a mission to Egypt saying the country faced economic challenges but gave no word…

Belayim Petroleum Company has made a new oil discovery in Sinai, the Ministry of Petroleum announced on Friday. The head…

Egypt's Central Bank lost US$2 billion from its international cash reserves in October, bringing its reserves down from $24.1 billion…

Despite the revolution and global financial troubles, some sectors of the Egyptian economy have attained stable performance and growth rates,…

Egypt is open to IMF funding, but the country has not made any formal request for aid since turning down…

Projects Egypt’s Transportation Ministry had planned for 2011 and 2012 have been completely halted since the revolution broke out on…

As Egyptian civil society calls for the eradication of debts incurred under former President Hosni Mubarak, Egypt’s government continues to…

Egypt's Central Bank sold LE5 billion (US$837.55 million) in domestic treasury bills on Sunday, the same amount it had offered,…

Egypt has a budget deficit of nearly 10 percent of GDP and the finance minister recently said that the country…