economy

The country may struggle on for the rest of the year without an IMF loan, enduring a summer of fuel…

Officials are in negotiations for a US$465 million from the Arab Monetary Fund, said Finance Minister Morsy Hegaz in an…

Since February 2011, Egyptian authorities have designed their fiscal, monetary and exchange rate policies for the sole purpose of preventing…

 

Egypt hopes to conclude a deal with the International Monetary Fund for a $4.8 billion loan by the end of…

 Egypt’s foreign reserves have fallen to a startlingly low US$13.6 billion — the lowest level for reserves since 1997, and…

The unemployment rate in Egypt during the last quarter of 2012 rose to 13 percent from 12.5 percent during the…

The Egyptian Exchange dropped sharply on Tuesday as a result of Egypt's continuing civil unrest. EGX30 dropped by 2.05 precent,…

The long-expected devaluation of the Egyptian pound is finally taking place. The pound has undergone its greatest devaluation against the…

Remittances from Egyptians living abroad have increased by 40 percent, Prime Minister Hesham Qandil said in a press conference Sunday.