Egyptian economy

Carlyle Group eyeing Egypt, Morocco investments
Business

Carlyle Group eyeing Egypt, Morocco investments

Marrakech-- US buyout fund Carlyle Group plans to invest about US$300 million in the Middle East and North Africa within…
Foreign appetite for Egypt SMEs strong, says banker
Business

Foreign appetite for Egypt SMEs strong, says banker

Foreign appetite for smaller Egyptian stocks is strong but political and legal risks and a volatile exchange rate are blocking…
Egypt’s inflation rises to 11% amid food price hikes
Business

Egypt’s inflation rises to 11% amid food price hikes

Egypt's inflation notched up slightly to 11 percent in September, the government said Sunday, amid complaints about rising food prices.Urban…
Poor education squeezes Egypt’s growth
Egypt

Poor education squeezes Egypt’s growth

Sawsan Gomaa, 18, thought memorizing vocabulary and grammar from the ministry textbook would be enough to ace Egypt's yearly national…
Egypt targets US$10 billion in outsourcing exports
Business

Egypt targets US$10 billion in outsourcing exports

Egypt hopes to see a tenfold increase in exports from its growing outsourcing industry by 2020 and will boost its…
Egypt aims to cut poverty rate to 15% by 2015
Egypt

Egypt aims to cut poverty rate to 15% by 2015

Egypt's Economic Development Minister said on Wednesday the country's poverty rate could be reduced to 15 percent from 20 within…
Egyptian economy to grow by 6% by next year, says prime minister
Business

Egyptian economy to grow by 6% by next year, says prime minister

Egyptian Prime Minister Ahmed Nazif on Thursday said Egypt will enjoy a growth rate of 6 percent by the end…
Egypt’s non-oil exports rise 20% in Q2
Business

Egypt’s non-oil exports rise 20% in Q2

Egypt's non-oil exports rose 20 percent to 29 billion Egyptian pounds in the second quarter of 2010 compared to a…
Minister: Greek crisis will impact Egypt
Business

Minister: Greek crisis will impact Egypt

At a press conference on Wednesday, Economic Development Minister Othman Mohamed Othman said that the Greek financial crisis could be…
Petroleum expert: Egypt oil and gas may dry up by 2020
Business

Petroleum expert: Egypt oil and gas may dry up by 2020

Egypt's demand for petroleum and gas will reach 103 billion tons annually by the beginning of 2020, the equivalent of…
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