economy
Finance minister: Negotiations with IMF resumed for $3.2 billion loan
Egypt
August 5, 2012
Finance minister: Negotiations with IMF resumed for $3.2 billion loan
The government is in contact with the International Money Fund to resume negotiations on a US$3.2 billion loan to Egypt,…
New Cabinet no quick fix for flailing economy
Business
August 2, 2012
New Cabinet no quick fix for flailing economy
As Egypt's first permanent government since the overthrow of Hosni Mubarak took shape on Wednesday, the first names to emerge…
The souq is ours: Life after tourism in Aswan’s souq
Life & Style
July 8, 2012
The souq is ours: Life after tourism in Aswan’s souq
"If they were British, we said ‘Our shop is cheaper than Asda,’” says Haitham Ibrahim, as we stroll through Sharia…
Stock market rises Tuesday
Business
June 26, 2012
Stock market rises Tuesday
Egyptian stock market indices gained on Tuesday morning, encouraged by optimism following the announcement of the results from the presidential…
Morsy inherits presidency as Egyptian pound is at 7-year low
Business
June 24, 2012
Morsy inherits presidency as Egyptian pound is at 7-year low
CAIRO — Egypt's currency, the pound, weakened to its lowest against the US dollar in more than seven years on Sunday…
Ganzouri: Elections were honest, any rigging came from participants
Egypt
June 23, 2012
Ganzouri: Elections were honest, any rigging came from participants
“The elections were honest on the part of the state, and the rigging that happened was on the part of…
SCAF set to approve state budget, says Cabinet source
Business
June 20, 2012
SCAF set to approve state budget, says Cabinet source
The Supreme Council of the Armed Forces is set to approve the state budget for the fiscal year 2012/2013 within…
Egypt gets US$1 bn from Saudis, clearing IMF hurdle
Business
May 10, 2012
Egypt gets US$1 bn from Saudis, clearing IMF hurdle
Saudi Arabia has transferred US$1 billion to Egypt's central bank, an Egyptian minister said on Thursday, in a move seen…
Parliamentary committee calls for an economic boycott of Israel
Egypt
May 7, 2012
Parliamentary committee calls for an economic boycott of Israel
MP Mohamed Idris, chairman of Parliament’s Arab Affairs Committee, called for an economic boycott of Israel on Monday, following reports…