economic reforms
Chargé d’Affaires at US Embassy in Cairo speaks to Al-Masry Al-Youm in first press interview
Features/Interviews
December 3, 2017
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…
Growth rate has increased due to investment surge: Planning Minister
Economy
December 3, 2017
Growth rate has increased due to investment surge: Planning Minister
Egypt’s Minister of Planning Hala Al-Saeed said Thursday that a rise in investments in the country has contributed to…
Egypt, IMF reach agreement on $2 billion loan disbursement
Egypt
November 10, 2017
Egypt, IMF reach agreement on $2 billion loan disbursement
Egypt has reached a staff-level agreement with the International Monetary Fund for an installment of about $2 billion more from…
Egyptians accepted economic reforms with confidence: Sisi in Hungary
Egypt
July 4, 2017
Egyptians accepted economic reforms with confidence: Sisi in Hungary
“Egyptian people seek to change their reality, bore the difficult economic measures and accepted them, because they are convinced of…
Social protection package cost stands at LE72 bn: minister
Egypt
June 23, 2017
Social protection package cost stands at LE72 bn: minister
The cost of the upgraded social protection package in the 2017-2018 state budget stands at LE72 billion, the Ministry of…
In surprise move, CBE hikes key interest rates
Business
May 22, 2017
In surprise move, CBE hikes key interest rates
The Central Bank of Egypt raised its key interest rates by 200 basis points on Sunday, citing stronger economic growth…
Recent economic reforms had negative impact on my popularity: Sisi
Egypt
May 17, 2017
Recent economic reforms had negative impact on my popularity: Sisi
President Abdel Fattah al-Sisi was interviewed by the editors-in-chief of three Egyptian newspapers—Al-Gomhoria, Akhbar Al-Youm and the main state-run newspaper…
US dollar bond yields jump in Egypt: Bloomberg
Business
May 8, 2017
US dollar bond yields jump in Egypt: Bloomberg
The US dollar bond yields in Egypt have jumped this year, causing the cost of borrowing to reach its lowest…
IMF says more reforms still needed by Mideast oil exporters
Middle East
May 2, 2017
IMF says more reforms still needed by Mideast oil exporters
The International Monetary Fund said on Tuesday oil exporting countries in the Middle East continue to have the world's largest…
Government considers increasing ration card subsidies to LE27
Business
March 30, 2017
Government considers increasing ration card subsidies to LE27
The government is considering increasing subsidies on ration cards by 29 percent to LE27 (US$1.5) a month in the next…