economics

Egypt, Kenya to increase bilateral trade to $1 bln over 2 years
Egypt

Egypt, Kenya to increase bilateral trade to $1 bln over 2 years

Egypt President Abdel Fattah al-Sisi agreed with his Kenyan counterpart Uhuru Kenyatta on Saturday to increase trade between the two…
In Egypt, IMF deal brings austerity few can afford
Economy

In Egypt, IMF deal brings austerity few can afford

A few years ago Imad would not have imagined himself queuing in the Cairo sun for a weekly ration of…
G20 will use ‘all policy tools’ to lift growth as Brexit weighs
Business

G20 will use ‘all policy tools’ to lift growth as Brexit weighs

The world's biggest economies will work to support global growth and better share the benefits of trade, policymakers said on…
Egypt to pay US$1.5 bn arrears to foreign oil companies, says Finance Minister
Egypt

Egypt to pay US$1.5 bn arrears to foreign oil companies, says Finance Minister

The Finance Ministry and the Central Bank of Egypt (CBE) have agreed to pay US$1.5 billion of the Petroleum Authority’s…
Living on borrowed time: Morsy’s political economics
Business

Living on borrowed time: Morsy’s political economics

President Mohamed Morsy is seeking to use public spending to build a base of support in diverse sectors of society,…
Former finance minister: New budget will not meet growth demands
Business

Former finance minister: New budget will not meet growth demands

  Former Finance Minister Samir Radwan sharply criticized Egypt’s 2012/13 budget, which came into force two days ago. It fails…
New budget ‘represents the past,’ says former Finance Minister
Business

New budget ‘represents the past,’ says former Finance Minister

Samir Radwan, the former Finance Minister, said that the current state budget “represents the past” and that it “would not…
Talking economics before Egypt elects its president
Opinion

Talking economics before Egypt elects its president

Egypt is now days away from electing its new president. Yet, 17 months into the revolution, some pressing social issues…
With headquarters’ move, Egypt Exchange disconnects from heart of the city
Business

With headquarters’ move, Egypt Exchange disconnects from heart of the city

When officials cut the ribbon in front of the doors of the new headquarters for the Egyptian Exchange on 12…
World Bank picks US nominee Kim as president
World

World Bank picks US nominee Kim as president

The World Bank on Monday chose Korean-born American health expert Jim Yong Kim as its new president, maintaining Washington's grip…
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