G8’s UK Pledges To Support Egypt In 2013
The UK, which assumed the presidency of the G8 at the beginning of new year, has admitted that Egypt has not been…
Browsing Tag
Egypt’s economy
Egypt’s President Says Economy Grew 2.6% In July-Sept
Egypt's economy, buffeted by political and economic strife, grew by an annual 2.6 percent in the third quarter of…
EGX Gains EGP 2.7 Bln, Benchmark Opens 1.44% Higher Backed By Morsi’s Speech
Backed by Egyptian President’s speech vowing to boost economy and to have a dialogue with the opposition, the…
Hesham Kandil: Stability Key To Fixing Economy
Egyptian Prime Minister Hesham Kandil said on Tuesday that political stability was crucial to luring back foreign…
Egypt’s Inflation Registered Negative Rate Of 0.25% In November
Egypt's core inflation rate set by the Central Bank of Egypt (CBE) registered a negative rate of 0.25% last…
Hunger Revolution Looms As Foreign Reserves Drop Sharply: Experts
Egypt’s foreign cash reserves dropped US$ 448 million to reach US$ 15.035 billion at the end of last November. A…
Saudi Fund For Development Allocates EGP1.4 Bln To Finance 3 Projects In Egypt
The Saudi Fund for Development (SFD) signed three concessional loan agreements with the Egyptian…
Egypt Adopts Long-Term Expansionary Monetary Policy
The Egyptian Ministry of International Cooperation stated that the Central bank of Egypt (CBE) targets to adopt…
IMF Discusses Granting US$4.8 Bln Loan To Egypt On December 19th
Ashraf Al Araby, Minister of Planning and International Cooperation, said Egypt is currently fighting to regain…
Bankers Differ On Impact Of Political Turmoil Over IMF Talks
Egypt is witnessing political turmoil after the eruption of violent clashes between protestors and security forces…