Our Network

Register for our free newsletter

 
 
Latest News

Egypt economy

Egypt president morsi has a tight window on economy. Photo: AP

New Egypt president has a tight window on economy

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
 
Egypt's Islamist Candidate Says IMF Deal Unlikely

Egypt's Islamist Candidate Says IMF Deal Unlikely

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
 
Egypt gets short-term relief, investors still wary

Egypt gets short-term relief, investors still wary

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
 
Qatar earmarks up to $10bn for Egypt projects

Qatar earmarks up to $10bn for Egypt projects

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
 
Saudi aid to include $1 bln Egypt cbank deposit

Saudi aid to include $1 bln Egypt cbank deposit

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
 

Egypt military wants to hand over power in 6 months

Hopes to hand over power to civilian rulers, including an elected president, within six months

February 15, 2011 4:06
 

Egypt rebellion spreads to sprawling state economy

Industrial action sweeps through Egypt state sector.

February 14, 2011 11:51
 

UK calls for international action on Mubarak assets

UK financial crime agency hunting assets, report says; Minister says not aware Mubarak has large assets in UK

February 13, 2011 4:14
 
Egypt economy faces rocky road after protests

Egypt economy faces rocky road after protests

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
 

Egypt pound weaker 2nd day after cbank intervention

The Egyptian pound had been falling steadily since political protests broke out on Jan 25.

February 10, 2011 2:11
 
12