economy

The economic picture for Egypt is improving, ratings agency Moody's said on Wednesday, but a public backlash will likely lead…

President Abdel Fattah al-Sisi's proposed initiative for donating spare change has been suspended, Al-Masry Al-Youm reported on Wednesday.The Central Bank…

The government began intensive negotiations with the World Bank mission, which is currently in Cairo, on the third tranche of…

EgyptAir is offering cut-rate flight tickets to a number of regional and international airports until the end of March, according…

Egypt is on track to receive the second tranche of a US$12 billion three-year loan from the International Monetary Fund…

Saudi Arabia hailed a "historical turning point" in US-Saudi relations after a meeting between US President Donald Trump and Deputy…

The Electricity Ministry is studying a number of scenarios for the new tariff being introduced to electricity prices, which will…

Egypt’s Finance Ministry completed the drafting of the state budget for the next fiscal year 2018/2017, amid extreme secrecy about…

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Remittances from Egyptian citizens working abroad rose by 23% in January to US$1.6 billion, compared to US$1.3 billion in January 2016,…