Egypt assigns $8 bln for fuel subsidies in FY 2017-18 budget
Egypt has assigned 145 billion Egyptian pounds ($8 billion) for fuel subsidies and 80 billion pounds for…
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Economy
Putin leaves Russians figuring out economic reform plan
Russia's leading economic thinkers say the country needs bold action so as to avoid stagnation. After Russian…
Europen markets fall after China’s downgrade
European markets opened lower on Wednesday, extending the losses seen in Asian markets, after Moody's downgraded…
Asian markets mixed after Moody’s downgrades China
Major indexes in Asia were mixed on Wednesday after Moody's downgraded China's credit rating, and as investors…
Financial crisis over, 2018 to witness boom: Egypt’s CBE governor
The financial crisis is over and 2018 will see a boom, said Governor of the Central Bank of Egypt (CBE) Tarek Amer.…
Sisi: Egypt is ‘in a race’ to provide essential goods at affordable prices
Egyptian President Abdel Fattah al-Sisi said on Sunday that the state is "in a race against time" to provide…
Egyptian expats in US call for annual meeting with Sisi
The president of the Egyptian-American Association for Entrepreneurship, Nasser Saber, called on President Abdel…
Asian markets mostly higher following landslide Macron victory in France
Asian shares traded mostly higher on Monday following the landslide victory of Emmanuel Macron in the French polls…
Son of Egyptian Brotherhood Businessman Malek released on bail
Cairo Criminal Court released on Thursday Muslim Brotherhood (MB) businessman Hassan Malek on bail worth 20,000…
Dollar drops against euro after weak US economic data
U.S. dollar edged lower against the euro and eased off a one-month high against the yen on Monday after weak U.S.…