economics
Government special funds have LE36.2 billion, says minister
Egypt
April 4, 2012
Government special funds have LE36.2 billion, says minister
At a press conference after a cabinet meeting Wednesday, Minister of Planning and International Cooperation Fayza Abouelnaga said that an…
FJP demands details from cabinet on IMF loan plan
Egypt
April 1, 2012
FJP demands details from cabinet on IMF loan plan
The Freedom and Justice Party still rejects a proposed US$3.2 billion loan from the International Monetary Fund, since the government…
Turkey reveals symbol for its currency
World
March 1, 2012
Turkey reveals symbol for its currency
Turkey on Thursday introduced a symbol for its national currency, the Turkish lira, in a move that reflects the country's…
Syria currency reserves to run out soon, diplomat says
World
February 22, 2012
Syria currency reserves to run out soon, diplomat says
Syria will exhaust its foreign currency reserves in three to five months, sparking crisis in an economy reeling from sanctions…
Iran plans US$5 bln worth of investments in Egypt
Business
February 19, 2012
Iran plans US$5 bln worth of investments in Egypt
Experts said a number of joint projects between Egypt and Iran would bring in Iranian investments worth US$5 billion to…
Fitch downgrades Egypt credit rating over security, political conditions
Business
December 31, 2011
Fitch downgrades Egypt credit rating over security, political conditions
Fitch Ratings dropped Egypt’s credit rating by one notch to BB, which reflects the substantial and continuous erosion of Egypt's…
Arab League: 25 million Arabs are unemployed
Business
January 17, 2011
Arab League: 25 million Arabs are unemployed
A survey by the Arab League’s Young Arabs Forum said 65 percent of the sample believed that unemployment was the…
Tackling Egypt’s poverty problem
Business
March 24, 2010
Tackling Egypt’s poverty problem
The Egyptian government released this week its latest figures on poverty in Egypt and the signs are not good. The…
Poverty line
March 10, 2010
Poverty line
Brazil suggests summit to push for WTO Doha deal
World
January 31, 2010
Brazil suggests summit to push for WTO Doha deal
Davos, Switzerland--Brazil has suggested that world leaders meet to give a final push to long-stalled negotiations for a global trade…