«During the ongoing debate over the civil service law, President Abdel Fattah al-Sisi asked in a televised interview whether the size of the state administrative apparatus is normal and…»
Egypt’s foreign reserves fell to US$16.335 billion at the end of September, down by more than US$1.76 billion from the $18.096 billion…
President Abdel Fattah al-Sisi suggested the country should “rationalize imports from abroad” to ease the burden on the state’s foreign currency resources. …
Egypt advanced three places from last year to rank 116 out of 140 countries tracked in the World Economic Forum’s 2015-16 Global…
The US-based cereal and snack-food giant Kellogg Company announced Monday that it has acquired Egyptian cereal company Mass Food Group for US$50 million. Mass…
Carpet manufacturer Oriental Weavers has denied that it is seeking reconciliation with the Egyptian Competition Authority (ECA) on charges of monopolistic practices.…
Egypt’s increasingly controversial attempts to hold the pound steady against the US dollar require strict policies to maintain. While these measures seemingly have the desired affect when it comes to…
"Egypt's history with Islamic finance dates back decades before Morsi and the Brotherhood, and plans to expand its scope locally are long overdue."
The trade deficit grew to LE26.3 billion in June, jumping by more than 62.3 percent, compared to the LE16.2 billion deficit recorded…
«The Egyptian pound is likely to continue to decline in value, and indeed needs to accelerate its decline to reach its real market value. Investment Minister…»
As Egypt’s government issues new internet price guidelines for telecommunications companies, will the changes translate into benefits for users on the ground? Although some users have noticed differences in…
Annual headline consumer price inflation eased to 7.88 percent in August, the first time since March 2013 that the rate has fallen…
Investment Minister Ashraf Salman’s widely reported comments about the need to devalue the Egyptian pound appear to have kicked off a public…
Egypt’s financial transactions with the rest of the world during the 2014/15 fiscal year resulted in an overall balance of payments surplus up…
The newly discovered Zohr gas field dominated the conversation at this week's Euromoney Egypt conference and captured the audience's attention, so much…
With pressure on Egypt’s foreign reserves mounting, officials have been making increasingly direct statements about the need to allow the Egyptian pound…
Privatizing non-traditional sectors like healthcare and education could help kick Egypt's economy back into gear, the ministers of investment and finance suggested…
At this year’s edition of the annual Euromoney Egypt Conference, ministers maintained a note of decided optimism despite the many admitted challenges facing the economy, both as a result of…
Egypt and China signed billions of pounds’ worth of energy and infrastructure agreements during President Abdel Fattah al-Sisi’s recent visit to Beijing,…
Business activity in Egypt expanded at the fastest rate in 2015 during the month of August, according to a survey of the…
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