Egypt must insist on gradual currency devaluation, subsidisation with IMF to avoid social tension: former finance minister
The priority is to develop a programme that will utilise these loans…
IMF Middle East Development director hopes Egypt can secure $6bn by end of month to receive $12bn loan
Egypt in ongoing negotiations with China, Saudi Arabia, and G7 states to…
Sugar shortage crisis intensifies, government announces provision of 50,000 tonnes to supply demand
The Ministry of Supply and Internal Trade announced that it would provide…
CBE pledges to provide US dollars to import basic commodities for 6 months
The money will be used to import 200,000 tonnes of oil, 60,000…
Government re-allows import of 0.05% ergot-infected wheat
The Egyptian government has back-peddled on its decision to reject any ergot-infected…
2016: an opening for Egypt’s economy to recover or an entryway into a dark tunnel?
International lending is threatened with the fate of Gulf aid, which failed…
Bankruptcy law to provide legal alternatives for debt restructure of defaulting companies, to be submitted to cabinet soon: Investment Minister
Business communities decide on future of investment law amendments; the ministry is…
Loans will not create a burden, but will improve the lives of Egyptians: International Cooperation Minister
Revolutions begin with an economic slowdown, then comes development and recovery to…
GAFI pledges to support Egypt’s private sector to broaden its business in Africa
Authority works to establish genuine partnership with Africa owing to the availability…
Maj Gen Mohamed Aly El-Sheikh to be sworn in as new supply minister
Seven new governors will also be sworn in before the president on…