Egypt economy
Egypt’s ratings stabilize but rapid recovery unlikely, according to Fitch
Business
February 13, 2014
Egypt’s ratings stabilize but rapid recovery unlikely, according to Fitch
Egypt’s economy will take over two years to recover from the upheavals following its January 2011 revolution, international credit rating…
Egypt hopes to tie oil payments to production increases: minister
Business
September 16, 2013
Egypt hopes to tie oil payments to production increases: minister
Egypt wants to encourage foreign oil companies in the country to increase exploration and production in exchange for a more…
Economic experts discuss changes in new constitution
Business
September 14, 2013
Economic experts discuss changes in new constitution
It is part and parcel that any changes in Egypt’s constitution will affect businessmen, investors and business in general in…
Egypt registers “disappointing” gold purchases
Business
August 9, 2013
Egypt registers “disappointing” gold purchases
Rafik Abbasy, vice president of the Gold Industry Chamber, has said gold purchases are “disappointingly” low these days, contrary to…
Stock market rises despite Monday riots
Business
July 16, 2013
Stock market rises despite Monday riots
Violence clashes Monday night have had almost no effect on Egypt's stock markets, as indexes went up on Tuesday trading,…
Final Issue: Problem of unemployment likely to worsen in Egypt
Business
April 25, 2013
Final Issue: Problem of unemployment likely to worsen in Egypt
This piece was written for Egypt Independent's final weekly print edition, which was banned from going to press. We offer…
IMF delegate claims Egypt loan to be finalized in May
Business
April 24, 2013
IMF delegate claims Egypt loan to be finalized in May
Egypt and the International Monetary Fund have agreed on the main aspects of a US$4.8 billion loan and the deal…
Egypt says Russia to help revive nuclear program
Egypt
April 22, 2013
Egypt says Russia to help revive nuclear program
Russia will help Egypt develop its nuclear power program, Trade and Industry Minister Hatem Saleh said on Monday, signaling that…
Stocks fall Monday ahead of expected Cabinet reshuffle
Business
April 22, 2013
Stocks fall Monday ahead of expected Cabinet reshuffle
The stock exchange indexes tumbled at the end of trading on Monday, suffering from a lack of liquidity, declining purchasing…
Islamic Development Bank promises major investments in Egypt
Business
April 18, 2013
Islamic Development Bank promises major investments in Egypt
The Islamic Development Bank plans to pump US$3 billion into the Egyptian market over the next five years, said on…