economic reforms
Moody’s sees Egypt’s economy growing but reforms slipping
Business
March 30, 2017
Moody’s sees Egypt’s economy growing but reforms slipping
The economic picture for Egypt is improving, ratings agency Moody's said on Wednesday, but a public backlash will likely lead…
Aramco tax cut lifts company’s value by US$1 trillion, analyst estimates
Business
March 29, 2017
Aramco tax cut lifts company’s value by US$1 trillion, analyst estimates
Saudi Arabia's decision to cut tax paid by national oil giant Saudi Aramco has increased its value by US$1 trillion,…
Egypt negotiates third tranche of World Bank loan
Business
March 22, 2017
Egypt negotiates third tranche of World Bank loan
The government began intensive negotiations with the World Bank mission, which is currently in Cairo, on the third tranche of…
Egypt’s economic reforms have effect on macroeconomics: World Bank official
Business
March 13, 2017
Egypt’s economic reforms have effect on macroeconomics: World Bank official
The recent economic reforms applied by the Egyptian government have an important effect on the macroeconomic package, in addition to…
Egyptians protest over fears of bread subsidy cuts
Egypt
March 8, 2017
Egyptians protest over fears of bread subsidy cuts
Hundreds of Egyptians protested around the country on Tuesday, blocking roads and surrounding government offices, after a change to the…
Egypt’s economic reforms start to bear fruit: Financial Times
Business
March 1, 2017
Egypt’s economic reforms start to bear fruit: Financial Times
The Financial Times said on Monday that economic reforms in Egypt have started to bear fruit. According to the publication, Egypt…
Egypt’s economic transition could be ‘coming to a close’: IMF’S Lagarde
Business
February 14, 2017
Egypt’s economic transition could be ‘coming to a close’: IMF’S Lagarde
Egypt is making good progress in its economic reform program and the recent developments might be an indicator that the…
Egypt on track to receive 2nd tranche of IMF loan
Egypt
January 19, 2017
Egypt on track to receive 2nd tranche of IMF loan
Egypt is on track to receive the second tranche of a US$12 billion three-year loan from the International Monetary Fund…
World Bank says Egypt to get next US$1 billion loan tranche by early Jan
Egypt
November 16, 2016
World Bank says Egypt to get next US$1 billion loan tranche by early Jan
The World Bank will provide the second US$1 billion tranche of its US$3 billion budget support to Egypt by early…
Egypt nears $800 million European aid deal to expand social safety net
Business
November 13, 2016
Egypt nears $800 million European aid deal to expand social safety net
Egypt is in advanced talks with European countries to secure bilateral loans worth US$800 million as it expands efforts to…