economy

Minister: Qualifying Industrial Zone exports rose 11% in 2011
Egypt

Minister: Qualifying Industrial Zone exports rose 11% in 2011

Exports of textiles and ready-made clothes from Egypt's Qualifying Industrial Zones increased between January and October 2011, said Industry and…
IMF to resume talks with Egypt in February
Business

IMF to resume talks with Egypt in February

The International Monetary Fund's meetings with Egyptian officials over a financial support program will continue into February, an IMF official…
Egypt tourism revenues slipped nearly 30% in 2011
Business

Egypt tourism revenues slipped nearly 30% in 2011

CAIRO — Egypt's tourism minister says revenues from the vital tourism sector fell by nearly 30 percent in 2011 compared…
Brotherhood Supreme Guide Badie meets with US ambassador
Egypt

Brotherhood Supreme Guide Badie meets with US ambassador

The popularity of the United States is diminishing because of US support for dictators, Muslim Brotherhood Supreme Guide Mohamed Badie…
IMF has put no conditions on loan to Egypt, says minister
Egypt

IMF has put no conditions on loan to Egypt, says minister

Fayza Abouelnaga, Egypt’s Minister of Planning and International Cooperation, said on Monday that the cabinet has started negotiations with the…
IMF delegation arrives in Cairo to negotiate loan agreement
Business

IMF delegation arrives in Cairo to negotiate loan agreement

A delegation from the International Monetary Fund arrived in Cairo on Monday led by Massoud Ahmed, director of the IMF's…
As Egypt returns to IMF, transparency still lacking
Business

As Egypt returns to IMF, transparency still lacking

Though largely billed as the country’s best and last hope to balance a growing budget deficit and to alleviate a…
Brotherhood forms business association to attract investment
Business

Brotherhood forms business association to attract investment

The Muslim Brotherhood will form a business association to attract investment in Egypt’s economy, the group has announced. The Brotherhood…
Economy will recover once security is restored, say experts
Business

Economy will recover once security is restored, say experts

Economists have forecast that the Egyptian economy will recover once the security situation in Egypt returns to normal. “Restoring security…
ElBaradei unveils own crisis plan for Egypt’s economy
Egypt

ElBaradei unveils own crisis plan for Egypt’s economy

Presidential candidate Mohamed ElBaradei has outlined a strategy for Egypt's government to follow to lift the country out of economic…
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