Egypt’s Petroleum Min. holds talks with 13 Australian mining firms
Egypt’s Minister of Petroleum Karim Badawy held a wide-ranging meeting with chief executives from 13 Australian…
Browsing Tag
reforms
IMF sees growth ahead for Algeria
Algeria's economy is set to grow in 2025, supported by a recovery in hydrocarbon output and stable inflation,…
Egypt’s structural reforms to stimulate private-sector led growth: minister
Egypt is implementing a stream of structural reforms designed to enable private-sector led growth, its finance…
IMF says South Africa at risk if economic reforms don’t materialise fast
The International Monetary Fund (IMF) warned on Monday that South Africa is at greater credit-rating risk if the…
Egypt needs 8% growth so citizens could feel the change: World Bank official
The Egyptian economy is witnessing growth rates higher than the global average, Mahmoud Mohie el-Din, the World…
IMF mission to visit Egypt in May to discuss final review of loan
An International Monetary Fund mission will visit Egypt in May to conduct its final review of the country’s…
Egypt to receive final IMF tranche soon as reforms near completion
Egyptian officials said they are expecting to receive the final tranche of a $12 billion International Monetary…
Egypt’s economic wish list for 2019
The new year brought with it not just greetings but also jokes about how broke many people have become and how…
Egypt, Liberia discuss boosting economic relations
Vice President of Federation of Egyptian Chambers of Commerce (FEDCOC) Ibrahim el Araby on Tuesday discussed with a…
Egyptian investments in Africa hit $10.2 bln: minister
Egyptian investments in Africa recorded $10.2 billion, and African Investments in Egypt hit around $2.8 billion,…
Egyptian economy performs well: IMF mission
The International Monetary Fund’s (IMF) mission in Egypt expressed Wednesday positive views on the Egyptian economy…
Egypt’s economic growth among highest in Middle East: IMF’s Lagarde
Following a meeting with president Abdel Fattah al-Sisi in New York, International Monetary Fund (IMF) Managing…
Egypt’s unemployment rate falls 9.9% in Q2
Egypt's unemployment rate dropped to 9.9 percent in the second quarter of 2018 compared to 10.6 percent in the…
Merkel, Macron delay plan to present euro zone reforms: Spiegel
German Chancellor Angela Merkel and French President Emmanuel Macron have postponed a plan to propose euro zone…
China’s top paper says reform does not mean life-long presidency
Reforms to China’s constitution to remove term limits for the presidency does not mean life-long terms, the ruling…
Egypt’s fuel subsidies increase 34% in H1 of FY2017/18: minister
Egypt’s fuel subsidies jumped by 34 percent to 51 billion Egyptian pounds ($2.9 billion) from during the fist half…
Egypt’s Sisi launches presidential bid after biggest rival arrested
Egyptian President Abdel Fattah al-Sisi officially launched his bid for a second term in office on Wednesday,…
Sisi presents nation with balance sheet of accomplishments since taking office in 2014
Egypt's President Abdel Fattah al-Sisi said in a speech at the 'Story of a Nation' event that 11,000 national…
Egypt to raise economic growth rate by 6% this year
Egypt plans to raise economic growth rate by six percent within 2018, according to the vice minister of finance…
Egypt’s budget deficit decreases 2% in Q1-FY2017/18
Egypt's budget deficit decreased by two percent of GDP during the first quarter of financial year 2017/2018, the…
Dollar edges up, shakes off weakness vs yen, Bitcoin tops $14,000
Dollar prices edged up against its peers on Thursday, shaking off earlier losses versus the yen, supported by…
Gold edges higher as dollar slips
Gold prices inched higher early on Wednesday, as the dollar slipped after a media report suggested that the…
Dollar slips broadly on report of possible delays to US corporate tax cut
Dollar prices slipped broadly on Wednesday, hurt by a media report that suggested the implementation of a…
Crown prince pledges a moderate Saudi Arabia
Powerful Crown Prince Mohammed bin Salman pledged a "moderate, open" Saudi Arabia on Tuesday, breaking with…
Egypt’s Investment Minister, Swiss Ambassador discuss new strategy for business…
Egypt's Investment and International Cooperation Minister Sahar Nasr met with Swiss Ambassador to Cairo Paul…
Egypt’s Cabinet drafts first major reforms to traffic laws in 44 years
Egypt's Transport Minister Hisham Arafat announced on Wednesday that the Cabinet has approved a draft traffic law…
Egypt’s agricultural exports increase 13.9% in nine months
Egypt’s agricultural exports rose 13.9 percent during the first nine months of 2017, reaching 4.1 million tonnes…
Gulf stocks to consolidate; Iran, Saudi energy prices in focus
Gulf stock markets look set to consolidate on Sunday but an increase in tensions with Iran and a possible further…
Egypt’s unemployment rate falls 11.9% in Q4: minister
Egypt's latest projects and investments have led to a slight drop of 11.9 percent in the unemployment rate in the…
IMF sees ‘good progress’ on Egypt reforms
Egypt has made a "good start" to its International Monetary Fund-backed reform programme despite seeking waivers…
France insists it will go through with labor reform, day after protests
French Prime Minister Edouard Philippe said on Wednesday that he would pay attention to demonstrations against his…
Egypt’s CBE seen holding interest rates following unexpected hikes
Central Bank of Egypt (CBE) is seen leaving key interest rates unchanged this month, a Reuters poll indicated on…
European markets seen higher, Swedish corporate earnings eyed
European bourses are expected to open higher Wednesday, paring losses seen Tuesday after the White House saw the…
‘Real victory to be in 5Yrs’, Macron camp says after election win
President Emmanuel Macron's government on Monday promised to renew politics in France as final official results…
CBE: Egypt’s core inflation eases slightly by 30.57% in May
Egypt's core inflation declined to 30.57 percent year-on-year in May from 32.06 percent in April and 32.25 percent…
Budget deficit falls 8% of Egypt’s GDP in first nine months of FY2016/17
Egypt's budget deficit for the first nine months of the financial year 2016/2017 ending in June dipped to eight…
Dollar inches up but US political woes keep it near 6-month lows
Dollar prices inched higher on Monday, but remained close to six-month lows against a basket of currencies as…
France to take off again under Macron, says Publicis CEO
There is a feeling of hope in Europe since the election of incoming French President Emmanuel Macron, according to…
Troubles faced by Egypt are temporary’ Sisi addresses youth conference
The current troubles faced by Egypt, including its suffering economy and the threat of terrorism, are temporary,…
Asian stocks higher on back of solid US earnings
Asian indexes traded higher on Wednesday, following the rise in U.S. indexes overnight on the back of strong…