IMF

Egypt’s exchange remains top Arab performer in 2017
Economy

Egypt’s exchange remains top Arab performer in 2017

The head of the Egyptian Exchange says its benchmark index has made significant gains in 2017 thanks to economic reforms…
Foreign tourist numbers up 23 percent in Tunisia in 2017
Middle East

Foreign tourist numbers up 23 percent in Tunisia in 2017

The number of foreign tourists in Tunisia rose by 23 percent in 2017 compared with the previous year, official data…
Positive IMF review paves way for $2 bn transfer to Egypt
Egypt

Positive IMF review paves way for $2 bn transfer to Egypt

The latest review by the International Monetary Fund has found that Egypt’s economic reforms are on track, paving the way…
Middle-class Egypt adapts to survive as austerity bites
Egypt

Middle-class Egypt adapts to survive as austerity bites

Swapping new cars for cheaper models, cutting back on pricy supermarket shopping and giving up holidays abroad, middle-class Egyptians are…
Egypt’s finance minister says expects Jan inflation at 20 pct
Economy

Egypt’s finance minister says expects Jan inflation at 20 pct

Egypt’s inflation rate is expected to drop to 20 percent in January and to 13-14 percent by August, Finance Minister…
Chargé d’Affaires at US Embassy in Cairo speaks to Al-Masry Al-Youm in first press interview
Features/Interviews

Chargé d’Affaires at US Embassy in Cairo speaks to Al-Masry Al-Youm in first press interview

For the first time since taking office, Thomas H. Goldberger, Chargé d’Affaires at the US Embassy in Cairo spoke with…
Egypt economy likely to remain unshaken by Sinai attack
Economy

Egypt economy likely to remain unshaken by Sinai attack

The mosque attack in Egypt’s Sinai may only strengthen the view that the country needs continued IMF support as agreed…
Egyptians will start feeling effects of reforms in 2018: IMF
Business

Egyptians will start feeling effects of reforms in 2018: IMF

International Monetary Fund (IMF) mission chief for Egypt Subir Lall said on Sunday that Egyptians will start feeling the effects…
Romania to resume direct flights to Egypt
Egypt

Romania to resume direct flights to Egypt

During a visit by a high-level Romanian delegation to Egypt, an agreement was signed which will see direct flights resumed between…
Egypt’s central bank seen holding off cutting rates because of still-high inflation: Reuters poll
Economy

Egypt’s central bank seen holding off cutting rates because of still-high inflation: Reuters poll

With Egypt’s inflation still above 30 percent, the central bank is expected keep its key interest rates on hold in…
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