Egyptian economy
Egyptian economy in ‘alarming’ state, says EU ambassador
Business
August 24, 2011
Egyptian economy in ‘alarming’ state, says EU ambassador
European Union Ambassador Marc Franco has expressed concern over the Egyptian economy, which he said is in an “alarming” state,…
Achieving high growth rates will take 3-5 years, says Central Bank governor
Business
August 24, 2011
Achieving high growth rates will take 3-5 years, says Central Bank governor
Central Bank Governor Farouq al-Oqda said on Wednesday that the economy needs three to five years to achieve high growth…
Gulf investors worried, Egypt seen pressured
Business
July 14, 2011
Gulf investors worried, Egypt seen pressured
CAIRO/DUBAI - Gulf firms' quarterly results will take a back seat to developments in Europe as investors worry about whether…
Official disputes reports of Gulf aid to Egypt
Business
July 8, 2011
Official disputes reports of Gulf aid to Egypt
An anonymous government official said Egypt has not received the aid packages and loans reportedly agreed upon with Arab countries,…
Egypt will not accept conditional loans, says prime minister
Egypt
July 5, 2011
Egypt will not accept conditional loans, says prime minister
The Egyptian government will not accept conditional loans under any circumstances, said Egyptian Prime Minister Essam Sharaf on Tuesday. In…
Egyptian FM: Egypt to lead pan-Arab stance on Palestinian issue
Egypt
June 27, 2011
Egyptian FM: Egypt to lead pan-Arab stance on Palestinian issue
Egyptian diplomacy will work on bolstering the Palestinian position in the peace process and supporting the Egyptian economy, said Foreign…
Citigroup criticizes Egypt’s revenue estimates, predicts debt increase
Business
June 16, 2011
Citigroup criticizes Egypt’s revenue estimates, predicts debt increase
According to an international report issued by Citi Investment Research & Analysis, the Egyptian economy is at a crossroads following…
Revolution youth discuss Egypt’s economy with Qatari ambassador in Cairo
Egypt
June 10, 2011
Revolution youth discuss Egypt’s economy with Qatari ambassador in Cairo
During a meeting with a delegation representing revolution youth at his office in Cairo, Qatari Ambassador to Egypt Al-Bu’inin said…
American investors do not fear the Brotherhood rising to power
Business
June 10, 2011
American investors do not fear the Brotherhood rising to power
At their meetings with government officials and business associations over the past two days, a number of American investors said…
Central Bank announces decline in foreign reserves
Business
June 7, 2011
Central Bank announces decline in foreign reserves
The Central Bank of Egypt (CBE) on Tuesday announced that international reserves decreased to US$27.2 billion by end of May,…