Tag: Economy

Finance minister requests aid from Saudi Arabia

Egypt asks for $500m in aid from Saudi Arabia to support its…

Daily News Egypt Daily News Egypt

Egypt: Too big to bail!

An interesting assumption is continuously being adopted by many of Egypt’s intelligentsia…

Mohamed Fouad Mohamed Fouad

Egyptian foreign debt increases by $8bn

Internal debts hit an alarming EGP 1.4tn, equivalent to about $200bn.

Nada Badawi Nada Badawi

Dearth of consumer confidence in first quarter

Experts attributed lack of confidence to insecurity, expensive living and political uncertainty

Hend El-Behary Hend El-Behary

Finance Ministry official resigns over dispute with Brotherhood

Adviser Sami Khallaf accuses Muslim Brotherhood of interfering in his work and…

Nada Badawi Nada Badawi

Survey results highlight negative outlook

Figures show dissatisfaction with democratic transition and overwhelming concern for better economic…

Fady Salah Fady Salah

Downgrade expected to negatively impact pharmaceutical industry: Experts

Adverse affects on banks following Egypt's downgraded S&P rating extend to pharmaceuticals

Daily News Egypt Daily News Egypt

IMF says Egypt loan talks ‘must reflect evolving conditions’

Fund spokesman said that no new IMF mission to Egypt has been…

Daily News Egypt Daily News Egypt

Sukuk law approved, government to hold two bidding rounds for projects

Now that the law has been approved, the government is set to…

Hend Kortam Hend Kortam

Standard and Poor’s downgrades Egypt credit rating

Egypt's long-term rating was lowered to 'CCC+' from 'B-', while its short-term…

Daily News Egypt Daily News Egypt