Business

Egypt will build two sugar factories in Sudan after the two governments approve the mechanism to finance the project, said…

Egypt's cabinet granted four companies licenses for steel plants in the country, as the government seeks to boost production and…

Egypt’s Muslim Brotherhood is campaigning for September’s parliamentary elections on a platform to trim the country’s budget deficit. The group,…

Field Marshal Mohamed Hussein Tantawy, head of the Supreme Council of the Armed Forces (SCAF), has endorsed the 2011/2012 state…

ABU DHABI--Egypt plans to fund its 134 billion Egyptian pound budget deficit through a combination of local market issuance and…

Egypt's cash reserve lost US$700 million in June. By the end of the month it was $26.5 billion, compared to…

Finance Minister Samir Radwan, in a press conference of Sunday, said that the Supreme Council of the Armed Forces approved…

Egypt and Jordan will sign a revised agreement for the export of Egyptian natural gas before the end of July,…

Officials from the Finance Ministry held meetings over the past two days to examine ways of financing the state budget…

The International Monetary Fund (IMF) has placed US$3 billion at the disposal of Egypt to use whenever it wishes, even…