Egypt economy

Egypt has hit breaking point in its ability to pay for imports of oil, wheat and other basic commodities, forcing…

Al-Azhar said on Thursday its clerics must be consulted on a law allowing the state to issue sukuk (Islamic bonds),…

The International Monetary Fund said on Thursday it would visit Egypt in the "first days of April" for talks with…

Revenue from the Suez Canal fell to US$375.3 million in February, down 7.4 percent on the previous month and down…

  The national budget deficit jumped to LE146.5 billion from July 2012 to February 2013, a rise that is equivalent…

  The Stock Exchange made modest gains by the end of trading on Thursday, despite poor performance indicators ahead of…

The government hopes to earn LE1 billion in revenues by increasing the custom tariffs on certain commodities, Customs Authority head…

Heated debate erupted again among the Shura Council's Islamist lawmakers on Monday over a loan from Saudi Arabia. Salafi legislators…

Moody's cut Egypt's credit rating on Thursday, citing unsettled political conditions and public finances, which it said raised the chance…

The Central Bank raised interest rates on Thursday, hoping to curb soaring inflation and slow a sliding pound currency, but…