Egypt’s economy

Representative: IFC committed to backing Egypt
Business

Representative: IFC committed to backing Egypt

Nada Shousha, Resident Representative of the International Finance Corporation in Egypt, Libya and Yemen, said Thursday that the organization has…
Egypt’s secret Swiss bank
Egypt

Egypt’s secret Swiss bank

Nestled in the heart of downtown Cairo is the opulent headquarters of Arab International Bank, a secretive bank that has…
Why one foreign investor left Egypt
Egypt

Why one foreign investor left Egypt

One of the key markers of a thriving economy is whether investors are committed. For Egypt, attracting investors has remained a…
Gulf businessmen demand guarantees before investing in Egypt
Egypt

Gulf businessmen demand guarantees before investing in Egypt

Gulf Arab governments are willing to pour billions of dollars into Egypt to prop up an ally's economy, but businessmen…
Stocks fall collectively, main index down by 0.31%
Business

Stocks fall collectively, main index down by 0.31%

Egypt’s stock market abandoned its morning gains by the end of Monday’s session with stocks falling collectively, prompted by sales…
Banque du Caire chief wants ‘right investment atmosphere’ in Egypt
Egypt

Banque du Caire chief wants ‘right investment atmosphere’ in Egypt

Munir Al-Zahid, CEO of Banque du Caire, has argued that the government should offer Arab and foreign investors an "appropriate…
Investments plagued with low-qualified workers
Business

Investments plagued with low-qualified workers

Egypt is suffering a clear lack of investments, which many businessmen who run factories in various industrial zones across the…
Euromoney chairman ‘confident’ Egypt economy can recover
Egypt

Euromoney chairman ‘confident’ Egypt economy can recover

The 19th annual Euromoney conference will be held on 11 November in cooperation with Al-Masry Al-Youm. One of the biggest…
Is the worst over for Egypt’s economy?
Business

Is the worst over for Egypt’s economy?

Could Egypt’s economy be on the road to recovery? Some indicators suggest this might be the case.
Egypt’s new finance minister plans stimulus, not austerity
Business

Egypt’s new finance minister plans stimulus, not austerity

Egypt interim government will seek to avoid major austerity measures and instead work to stimulate the economy by improving security…
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