economy

The performance of the Egyptian economy under Morsy
Business

The performance of the Egyptian economy under Morsy

Mohamed Morsy, Egypt's first elected president since the 25 January 2011 uprising, has been in power for 12 months. His…
Egypt sees 3.8% growth in next fiscal year
Business

Egypt sees 3.8% growth in next fiscal year

Egypt said its economy would grow by 3.8 percent in the fiscal year starting in July as ministers outlined the…
Egypt may be forced to “muddle through” without IMF
Business

Egypt may be forced to “muddle through” without IMF

The country may struggle on for the rest of the year without an IMF loan, enduring a summer of fuel…
Egypt seeking US$465 million loan from Arab Monetary Fund
Business

Egypt seeking US$465 million loan from Arab Monetary Fund

Officials are in negotiations for a US$465 million from the Arab Monetary Fund, said Finance Minister Morsy Hegaz in an…
Egypt’s economy: From crisis to crash
Opinion

Egypt’s economy: From crisis to crash

Since February 2011, Egyptian authorities have designed their fiscal, monetary and exchange rate policies for the sole purpose of preventing…
Egypt hopes for IMF deal by late April, minister says
Business

Egypt hopes for IMF deal by late April, minister says

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

Egypt’s state of siege

 Egypt’s foreign reserves have fallen to a startlingly low US$13.6 billion — the lowest level for reserves since 1997, and…
Unemployment rate rises to 13 percent
Business

Unemployment rate rises to 13 percent

The unemployment rate in Egypt during the last quarter of 2012 rose to 13 percent from 12.5 percent during the…
Stock market loses LE4.6 billion on Tuesday
Egypt

Stock market loses LE4.6 billion on Tuesday

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