Egypt’s Sisi to Meet US Major Business Delegation Tomorrow
A US business delegation of 66 companies will meet with Egyptian President Abdel Fattah al-Sisi on Monday,…
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Egyptian economy
Egypt’s Major Economic Summit Delayed to Mid-March – Minister
Egypt decides to postpone its major economic summit until mid-March 2015, the country’s finance minister Hany Qadry…
Lew Urges Egypt to Push Forth with Reforms to Stabilize Economy
U.S. Treasury Secretary Jacob J. Lew urged Egypt to persist with economic and political changes that could attract…
IMF Cuts Egypt’s Growth Forecast Citing Concerns on Tourism Revenues
The International Monetary Fund cut its growth forecast for the Egyptian economy on the back of security concerns…
Egypt Vows Economic Reforms, But What about Politics?
From mega-projects to tax reforms, Egyptian ministers presented detailed initiatives last week to revive an economy…
Egypt to Raise $1-1.5bn Foreign Bonds in Q1: Minister
Egypt intends to raise international bonds at values ranging between $1-1.5 billion within the first quarter of…
AlexBank Plans EGP400mn Investments into Egypt Market
AlexBank, a member of Intesa Sanpaolo Group, confirmed its optimism about the future of the Egyptian economy due to…
Egyptian Bourse Says to Approve 10 Listings by Year-end
The Egyptian stock Exchange (EGX) expects to have approved the listings of 10 companies by the end of this year as…
Egypt Signs Contracts with 6 Int’l Firms for Dredging of New Suez Canal
The head of Egypt's Suez Canal Authority announced on Saturday the government had signed a contract with six…
World Bank: Current Reforms in Egypt ‘Positive and Promising’
Managing Director and Chief Executive Officer at the World Bank (WB) Sri Mulyani Indrawati said on Sunday the…