economic reform

Egypt announces flotation of Egyptian pound on Thursday
Economy

Egypt announces flotation of Egyptian pound on Thursday

The Central Bank of Egypt (CBE) issued a statement, on Thursday morning, announcing reform measures to ensure macroeconomic stability and…
Economic reform has made Egypt more able to absorb global shocks: Finance Minister
Business

Economic reform has made Egypt more able to absorb global shocks: Finance Minister

Egyptian Finance Minister Mohamed Maait credited Egypt’s resilience in the face of global and local economic shocks to the economic…
Egypt’s new program with IMF won’t entail more burdens on citizens: Minister
Egypt

Egypt’s new program with IMF won’t entail more burdens on citizens: Minister

Egyptian Finance Minister Mohamed Maait assured that the state’s latest program with the International Monetary Fund does not include any…
Egypt officially requests IMF support with new economic reform program
Business

Egypt officially requests IMF support with new economic reform program

In light of the current economic developments, Egypt has submitted a request to the International Monetary Fund (IMF) to start…
Lebanon needs to step up on reform, says Saudi foreign minister
World

Lebanon needs to step up on reform, says Saudi foreign minister

Feb 19 (Reuters) – Saudi Arabia’s foreign minister said on Saturday Lebanon must offer stronger signals that it is serious…
Egyptian economy exceeds international expectations, report
Business

Egyptian economy exceeds international expectations, report

The Egyptian government said on Saturday that economic indicators show that the Egyptian economy has exceeded international expectations, thanks to…
Airline body IATA to open Saudi office but denies it will be regional HQ
Middle East

Airline body IATA to open Saudi office but denies it will be regional HQ

CAIRO, July 7 (Reuters) – Saudi Arabia said on Wednesday that global airlines industry body IATA had agreed to open…
Egypt will be among world’s 10 largest economies in 2030: minister
Business

Egypt will be among world’s 10 largest economies in 2030: minister

On Wednesday, Egyptian Minister of Finance Mohammed Maait said that Egypt will join the world’s 10 largest economies in 2030,…
Egypt invested over 1 trillion pounds to develop infrastructure in 7 years: minister
Egypt

Egypt invested over 1 trillion pounds to develop infrastructure in 7 years: minister

Egypt has invested more than a trillion pounds to develop infrastructure within seven years, Planning Minister Hala al-Saeed announced. During…
Egyptian economy continues growing, says Franklin Templeton group
Business

Egyptian economy continues growing, says Franklin Templeton group

Franklin Templeton, a global leader in asset management with 70 years of experience, said that the Egyptian economy has been…
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