UAE’s $3bn in aid arrives to Egypt
Central Bank Governor Hisham Ramez said that $2bn of Saudi Arabia’s $5bn…
IHS cuts Egypt’s banking sector rating to “significant risk”
IHS expects the country’s economic growth to remain low over the next…
dotShabaka to provide Arabic internet domain names
The domain, targeting Arabic speaking internet users worldwide, will provide an alternative…
Moody’s: Gulf aid is “credit positive”
Qatar, meanwhile, had granted Egypt $2.5bn in loan last January, and extended…
Prospective government faces daunting energy subsidies reforms
Slashing energy subsidies is one of the requirements set by the International…
Trade deficit shrinks 25% in March
Meanwhile, imports fell 7.8% year on year to EGP 35.8bn due to…
Potential economic ministers in Egypt’s interim government
Egypt’s ailing economy a deciding factor in shaping interim government, led by…
Following Morsi’s ouster, Qatar’s support to Egypt in question
Sherif Sami, a member of the General Authority of Investments, stated that…
Analysts debate conversion of gulf lifelines to bonds
Meanwhile, former finance minister Momtaz El Saeed said that a conversion is…
Saudi Arabia: Whatsapp ban not political or security measure
The Kingdom stated that in fact, the California-based application refused to comply…