News
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Changed tax plans show Egypt's economic disarray
The capital gains tax itself is part of a bundle of taxes presented in the government’s latest economic program.
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Egypt PM to visit donor Qatar amid IMF loan talks
Hisham Kandil was to fly to Doha after attending the swearing in of Kenya's new president in Nairobi, his office said.
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Egypt court backs jail for Mobinil execs in Israel case
Chairman and 3 senior executives of leading mobile-phone services provider are jailed for re-routing international calls via Sinai transmitter.
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Turkey to support Egypt until economy regains regional strength
Deputy PM of Turkey Babacan asked about the economic reform plan set in train by the Egyptian government to overcome the current situation.
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Economy threat to Brotherhood primacy
That a new pact with the IMF is being considered at all is testament to the desperate straits in which the Qandil administration finds itself.
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Egypt to abolish fuel subsidies as early as 2016: minister
Egypt is set to abolish fuel subsidies within three to five years in a bid to reduce its spiraling budget deficit, a senior minister told Al Arabiya.
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Leftist opposition figures slam IMF Egypt loan, call for state-led economy
Opposition figures and left-leaning economists decry current government's commitment to free trade, call for ending Egypt's 'neo-liberal' agenda
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Egypt seeks to increase $4.8 bln IMF loan
Egypt will intensify its efforts in the spring meetings of the IMF in the period from April 16-21 to receive additional funding.
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EU's Ashton seeks consensus in Egypt on economy and reform
The EU's foreign policy chief visit comes as Egypt is still in long-delayed negotiations with the IMF on a US$4.8 billion loan.
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Bassem Youssef episode angers Egypt Qatar Business Council
Anger within Qatar’s business community over Bassem Youssef’s most recent episode of Al Bernameg.
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One dead, many wounded in Cairo cathedral clashes
The state news agency MENA said 84 people had been injured in several hours of fighting after a ceremony at the cathedral.
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Egypt asks tourists to donate $1 to complete construction of Grand Museum
Tourists will be optionally charged one dollar per night to ensure the projected is completed on deadline in August 2015.
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Morsy: 'God is ever providing,' will save the economy
Obtaining basic necessities food and clothes should not distract the Egyptian people from achieving higher and greater objectives, Morsy insisted.
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Egypt economic situation "worrisome", needs fast action: minister
After two years of political turmoil, Egypt is struggling with an economic crisis and a high budget deficit.
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Turkish firms committed to more business with Egypt
Some Turkish businessmen with operations in Egypt would like to double their business capacity in the textiles and energy sectors.
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Salafi concerns about Iranian tourism 'exaggerated': Tourism minister
Zaazou called on critics to have more confidence in themselves, as tourists would not change people's doctrine.
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Egypt bourse to restart same-day trading: Regulator
Egypt's bourse will permit system of buying and selling single stocks during same session after banning it for two years.
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Egypt's tourism still in decline after uprising
Despite the present troubles, tourism has a long history of success in Egypt.
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Egypt's foreign reserves decline to $13.4 billion
Egypt's Planning Minister Ashraf el-Araby said Thursday that a final agreement with the IMF could be reached in the next two weeks.
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IMF and Egypt discuss $4.8bn loan
International Monetary Fund (IMF) officials are holding talks in Cairo with the Egyptian government about authorising a $4.8bn (£3.2bn) loan.