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Egyptian economy

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’s GB Auto to buy treasury shares-bourse

The firm plans to purchase 6.437 million shares, the bourse said.

February 14, 2011 3:59
 

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 growth may halve, budget gap, inflation to rise

Egypt growth may halve, budget gap, inflation to rise

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
 
Analysts, economists comment on Egypt market

Analysts, economists comment on Egypt market

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
 

Egypt’s GB Auto resumes operations

The company was "confident in the long-term fundamentals of both the Egyptian economy."

February 7, 2011 2:22
 
Egypt has limited war chest to avert finance crisis

Egypt has limited war chest to avert finance crisis

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