Latest news
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Egypt may convert Gulf funds into bonds
Egypt recently converted USD3.5bn of Qatari loans into bonds through a newly established USD12bn Euro Medium-Term Note programme.
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Shipping trade between Egypt, Turkey continues, says minister
Turkey's Minister of Customs and Trade stated on Friday, "allegations that Turkish-Egyptian shipping trade stopped or slowed down are groundless."
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Egypt's Centamin achieves record gold production
The company produced 93,624oz of gold in the three months to the end of June, up 8 per cent from the previous quarter.
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Energy crisis sparked Egypt revolution, but still burns bright
Egypt’s economy, during the last three years, has been suffering from successive crises.
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IMF says no discussions with Egypt's interim government
The IMF typically does not negotiate with governments that have not been recognized by the international community.
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Fitch cuts ratings on two Egyptian banks
Fitch Ratings downgrades National Bank of Egypt and Commercial International Bank in the wake of rising political uncertainties.
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Egypt's Dakahlia set to host USD200m industrial city
The project aims at exploring the potential of developing the marine industry in Lake Manzala.
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Egypt has less than 2 months imported wheat left, says ex-minister
After buying 3.7m tons of wheat from a domestic harvest that is now finishing, Egypt has 3m tons of home-grown wheat left in its stores.
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HSBC Egypt shuts down SME accounts
HSBC Egypt is shutting down a number of Small and Medium Enterprises (SMEs) bank accounts, “following a strategic review of … business customers”.
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$12 billion in aid for Egypt only temporary boost
Badly structured subsidies on food and fuel eat up almost a third of Egypt's strained budget.
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Egypt's Bloomberg outlasts his Islamist enemies
Sawiris was one of the businessmen hostile to the Muslim Brotherhood who was targeted by Morsy during his time in office.
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Tourism sector on unstable ground
ElShaer: Everyone was expecting prosperity in tourism after Morsi’s ouster but the violence erupted “stole our hope”.
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Egypt's upheaval raises middle-class brain drain fears
Many of Egypt's middle class have felt let down with basic state services such as education and security.
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Key dates in Egypt's roadmap: What's next?
Interim President Adly Mansour announced a constitutional declaration on the 8th of July 2013 – what steps will be taken now?
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Opinion: Let economies be kept free of politics
In the past, the worst economic condition in Europe occurred when the church seized control of all aspects of life, including the economy.
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Google launches hub to celebrate Ramadan
Livestream of the Hajj from Mecca, live-cooking Hangouts with celebrity chefs and trending searches among services offered to users across the globe.
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To save Egypt, fix the economy
How can Egypt get out of the hole it is currently in?
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Saudis offer Egypt $5B support, UAE injects $3B
The Saudi funds comprise a $2 billion central bank deposit, $2 billion in energy products, and $1 billion in cash.
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ElBeblawy appointed PM; ElBaradei VP
The presidential spokesperson announced Hazem ElBeblawy as Egypt's Prime Minister and Mohamed ElBaradei as Vice President for foreign affairs.
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Choosing Egypt's PM: It's all about the economy
Interim President Adly Mansour has been searching for a Prime Minister for a week now – what is determining his selection?