Egypt's new president has a window of opportunity to pull the economy from the brink of disaster, but he will have to chart a careful path to convince a host of deeply sceptical players at home and abroad that his is a government they can trust.
June 26, 2012 10:29
Says IMF instalments should be backloaded; Suggests reducing initial payout to $500 mln; Govt had been hoping for initial accord within weeks
April 9, 2012 4:28
Political stability is still the main concern for investors as the exit of foreign funds is expected to continue and bond yields tumble after aid pledges.
May 31, 2011 3:01
Egypt asking donors to help fill payments gap; Qatar says could invest in ports, real estate, bonds; Says money could start flowing quickly; Emirate had rocky relations with Mubarak regime
May 29, 2011 12:33
US to relieve Egypt of up to $1 billion debt as Saudi is gives aid in soft loans, grants and Cbank funds. Egypt expects a 4 per cent GDP rise.
May 23, 2011 2:38
Hopes to hand over power to civilian rulers, including an elected president, within six months
February 15, 2011 4:06
Industrial action sweeps through Egypt state sector.
February 14, 2011 11:51
UK financial crime agency hunting assets, report says; Minister says not aware Mubarak has large assets in UK
February 13, 2011 4:14
Sentiment on army's side for now, but big challenges loom; Growth may fall to as low as 1-2 percent – analysts; Loose fiscal policy, weak currency to fuel inflation
February 13, 2011 3:56
The Egyptian pound had been falling steadily since political protests broke out on Jan 25.
February 10, 2011 2:11
Loose fiscal policy, weak currency to fuel inflation; Central bank to intervene, aggressive rate hike an option; Investment outflows of up to $1 bln a day; Key tourism revenues take "big hit".
February 10, 2011 1:04
On Wednesday, the pound was trading at 5.878 to the dollar compared to 5.876 on Tuesday.
February 9, 2011 11:55
How will Egypt’s economy and markets cope with the country’s ongoing social and political unrest? Reuters has the latest views from the regional experts.
February 7, 2011 2:29
Money outflows, blow to tourism will drain reserves; Several weeks of unrest would have significant impact; Weaker pound would boost inflation which fuelled riots; Concern about stability when banks reopen.
January 31, 2011 12:44
Saudi Arabia's five-year CDS rose 29 bps to 120 bps.
January 31, 2011 12:15