economic reform

Egypt announces fuel price hikes
Business

Egypt announces fuel price hikes

  Egypt's government announced new fuel prices for many sectors of the economy on Tuesday, which industry sources said were…
IMF will decide when to visit Cairo after reviewing Cabinet’s reforms
Egypt

IMF will decide when to visit Cairo after reviewing Cabinet’s reforms

The government is working to amend its economic reform program before it agrees on the date of an International Monetary…
Fragile economy overshadows Morsy’s referendum win
Business

Fragile economy overshadows Morsy’s referendum win

Egyptian President Mohamed Morsy will have little time to savor victory in pushing through a new constitution as it may…
PM: Government restored LE20 bn by resolving disputes with companies
Business

PM: Government restored LE20 bn by resolving disputes with companies

The government has resolved disputes with 46 companies, gaining about LE20 billion for Egypt, Prime Minister Hesham Qandil said during…
PM: Investments increased to LE55.6 billion
Business

PM: Investments increased to LE55.6 billion

Prime Minister Hesham Qandil on Tuesday said the government has increased investments to LE55.6 billion this year. “The aspirations of…
Sealing the deal: Egypt closest it’s been to securing IMF loan
Business

Sealing the deal: Egypt closest it’s been to securing IMF loan

Egypt reached a preliminary agreement with an International Monetary Fund delegation Tuesday, putting into action the disbursement process for a…
Cabinet submits action plan to Morsy
Egypt

Cabinet submits action plan to Morsy

The Cabinet submitted an action plan to President Mohamed Morsy in a meeting Tuesday that, according to Prime Minister Hesham…
IMF and govt agree on economic program, official says
Business

IMF and govt agree on economic program, official says

A senior government official said Thursday there has been a convergence of views between the IMF and the Egyptian government…
Yields dip on Egypt bonds, IMF deal eyed
Business

Yields dip on Egypt bonds, IMF deal eyed

    Average yields dipped at an auction of re-opened three- and seven-year bonds on Monday, continuing a steady slide…
Qandil’s economic appointments maintain status quo in weakened govt
Business

Qandil’s economic appointments maintain status quo in weakened govt

As Prime Minister Hesham Qandil was unveiling the new Cabinet, unrest ensued in parts of the country. One person died…
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