economic recovery

Solidarity or frugality? EU leaders discuss coronavirus plan
Economy

Solidarity or frugality? EU leaders discuss coronavirus plan

BRUSSELS (AP) — As they brace for the worst economic downturn since the Great Depression, leaders of the European Union’s…
S&P affirms Egypt’s sovereign ratings at ‘B-/B’
Business

S&P affirms Egypt’s sovereign ratings at ‘B-/B’

The international rating agency Standard and Poor’s has affirmed Egypt's sovereign ratings at "B-/B." The agency announced on Friday in an…
IIF predicts Egypt 2015 GDP growth to 3.7%
Business

IIF predicts Egypt 2015 GDP growth to 3.7%

The Institute of International Finance (IIF) predicted Egypt’s GDP will rise to 3.7 percent in the coming year, compared to…
Is the worst over for Egypt’s economy?
Business

Is the worst over for Egypt’s economy?

Could Egypt’s economy be on the road to recovery? Some indicators suggest this might be the case.
Egypt gets short-term relief, investors still wary
Business

Egypt gets short-term relief, investors still wary

Billions of dollars in aid for Egypt will offer short-term relief to its battered economy but will not be enough…
Bankers predict further decline in foreign reserves
Business

Bankers predict further decline in foreign reserves

Experts have predicted a further decline in the Central Bank’s international reserves by the end of April, having reached US$30.1…
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