economic reform
Egypt’s Sisi says military economy just 1-1.5% of GDP
Business
October 26, 2016
Egypt’s Sisi says military economy just 1-1.5% of GDP
The Egyptian military's economic activities are equivalent to just 1 to 1.5 percent of GDP and not more than 20…
Egypt eyes $2-3 bln deposit from Saudi Arabia to help seal IMF deal
Business
September 8, 2016
Egypt eyes $2-3 bln deposit from Saudi Arabia to help seal IMF deal
Egypt is in advanced talks with Saudi Arabia to secure a new deposit worth $2-3 billion as part of about…
Egyptian parliament approves value-added tax at 13 percent
Business
August 30, 2016
Egyptian parliament approves value-added tax at 13 percent
Egypt's parliament approved on Monday a long-awaited law introducing a value-added tax of 13 percent, rising to 14 percent in…
Save the middle class
Opinion
August 29, 2016
Save the middle class
After zuhr prayers on Friday, I went to buy my weekly needs from the grocery store, and I stopped at…
After IMF deal, Egypt’s Sisi says will not hesitate on tough reforms
Egypt
August 13, 2016
After IMF deal, Egypt’s Sisi says will not hesitate on tough reforms
Egyptian President Abdel Fattah al-Sisi said on Saturday he was committed to pushing through the reforms necessary to turn the…
Saudi’s deputy crown prince to visit US for talks: sources
Middle East
June 4, 2016
Saudi’s deputy crown prince to visit US for talks: sources
Saudi Arabia's powerful deputy crown prince is expected to visit Washington in mid-June for talks with top US officials, possibly…
Egypt’s Sisi delivers economic reforms but hurdles remain
Egypt
September 30, 2014
Egypt’s Sisi delivers economic reforms but hurdles remain
In his first 100 days in office, Egyptian President Abdel Fattah al-Sisi has made a fast start on economic reform:…
IMF praises economic reform measures in Egypt
Egypt
August 10, 2014
IMF praises economic reform measures in Egypt
Masood Ahmed, director of the International Monetary Fund's Middle East and Central Asia Department, said “Egypt has applied hard and…
Minister: Economic reform will yield positive results
Business
July 17, 2014
Minister: Economic reform will yield positive results
Finance Minister Hani Qadry said on Wednesday that the recent fiscal reforms will yield positive results in raising expectations about…
Sources: Egypt turns to Western advisers, signaling possible reforms
Egypt
June 7, 2014
Sources: Egypt turns to Western advisers, signaling possible reforms
Western advisers are drawing up plans for reshaping the Egyptian economy, sources said, with the apparent blessing of president-elect Abdel…