Doha would refrain from funding channels that espouse views “hostile“ toward the Egyptian regime
Billions of dollars in aid from the Arab Gulf have pushed Egypt’s balance of payment to a surplus of US$2 billion for July–December 2013, compared to a deficit of $551.5…
Against the backdrop of a major government reshuffle, maintaining the status quo was the dominant theme of last week's economic news, with the Central Bank of Egypt keeping interest rates…
Egypt has been experiencing another wave of blackouts throughout the country, caused by energy shortages and a deeply indebted Ministry of Electricity. Meanwhile, Finance Minister Ahmed Galal says the Gulf…
Saudi Arabia has transferred US$500 million to Egypt as part of a $2.5 billion grant, Minister of International Cooperation Sahar Nasr confirmed to…
Egypt’s foreign reserves climbed to US$20.53 billion at the end of April, the Central Bank reported Wednesday, the highest level of reserves…
Egypt expects to receive US$6 billion in Central Bank deposits from Gulf countries within the coming 10 days, the bank’s governor announced…
While day one of the Egypt Economic Development Conference (EEDC) showed how much Gulf backers are willing to commit to support Egypt…
In a striking show of support for the much-anticipated Egypt Economic Development Conference (EEDC), officials from Saudi Arabia, Kuwait, the United Arab…
President Abdel Fattah al-Sisi is scheduled to arrive in Kuwait on Monday for a visit aimed at boosting relations between the two…
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