financial crisis

Egypt is facing a financial crisis that only foreign funding could help alleviate in the short term, Minister of Finance…

Local or foreign borrowing is the immediate solution to the financial crisis in Egypt, Finance Minister Hazem al-Beblawy said on…

 

On the outskirts of Cairo, across the street from gated compounds where residents play golf on an 18-hole course, plush…

August recorded the Suez Canal’s largest monthly profits since the start of the global financial crisis in November 2008, according…

A study on remittances and investment opportunities for Egyptian migrants was released in mid-July by the International Organization for Migration…

State-owned newspapers Al-Ahram and Al-Akhbar lead with news that the People's Assembly has approved a new social solidarity bill, granting…

Greece--Prime Minister George Papandreou asked to tap the 45 billion euro (US$60.5 billion) package after investors feared a default and…

The EGX 30 index of the Egyptian stock exchange Wednesday fell 3.6 percent, closing at 6132.6 points, down 234.9 points.…

In a lecture delivered Monday at the American University in Cairo, Olivier Blanchard, chief economist of the International Monetary Fund…