Egyptian Economy

Will a 62-year-old engineer, businessman and father of 10 sons, who was removed from his university post by former Egyptian President Anwar Sadat, and was arrested by ousted President...

The Qatari Committee for the Reconstruction of Gaza and the Egyptian Arab Contractors' Company have signed a cooperation agreement for the Gaza reconstruction project funded by a Qatar government...

Media reports claim that Israel and Jordan are against the project to build a bridge between Egypt and Saudi Arabia. Israel is taking the issue so seriously that it...

Qatar has announced that it is to provide another $2.5 billion to support the Egyptian economy; $500 million will be an outright grant and $2 billion will take the...

The Israeli media has launched a wave of negative reports on the Egyptian economy. Business newspaper Calcalist ran a lengthy report on Tuesday stating that anxiety about the economy...

Engineer Hatem Saleh, Egyptian Minister of Commerce and Industry, confirmed that there is political will in both Egypt and Saudi Arabia to push the development of relations between the...

The Egyptian security forces in northern Sinai have arrested a spy network working for Israel that includes Egyptians and Palestinians. The main suspect had been monitored for a period...

Talks between the International Monetary Fund and Egypt have ended without an agreement regarding a proposed loan of $4.8 billion to help Cairo deal with its severe economic crisis....

The Ghad El-Thawra Party leader, Dr. Ayman Nour, has confirmed that the almost 5 billion dollars in aid provided by Qatar to support the Egyptian economy, is aid intended...

Israeli Prime Minister Benjamin Netanyahu is pushing for the West to adopt a new "Marshall Plan" for the Egyptian economy in order for the coup to succeed. He is...

The head of the Coalition of Syrian Businessmen in Egypt, Khaldoun Almauke, has revealed that the group's investors have decided to suspend their support for the Egyptian market until...

Qatar's High Education Committee has prepared a plan to transfer Qatari students studying at Egyptian universities to Jordanian or Moroccan universities if the political instability continues in Egypt. The...

Jordan's Minister of Energy and Mineral Resources Mohammed Hamed has told the Anadolu news agency that the government's cumulative losses as a result of interruptions in the delivery of...

The United Arab Emirates signed an aid agreement with Egypt on Saturday bringing its total support to the Egyptian economy since the ouster of President Mohammed Morsi up to...

Kuwait's Administrative Court is considering an urgent motion demanding that it blocks a decision by the government to grant Egypt $5 billion in aid. Describing the decision by the...

Haaretz has reported that the World Zionist Organisation's Settlement Division, a branch of the Israeli government, is preparing a new-old plan to Judaise Galilee in order to achieve a...

Kuwait's Al-Watan newspaper has reported that a spokesman for the Interim President of Egypt has said that the country is "going downhill" as long as the current situation continues....

Egypt's General Authority of Export and Import Control (GOEIC) has issued a report revealing that Egypt's exports have declined by 8 percent during the first few months since the...

Egypt's faltering economy sustained yet another blow when the Egyptian Central Bank announced on its web site on Sunday that the country's foreign exchange reserves declined from $18.59 billion...

The Suez Canal Authority (SCA) has raised its tolls for shipping with immediate effect. The new tolls will reflect increases of between 2 and 5 per cent, depending on...

The Egyptian government has signed four cooperation agreements with Chinese companies to develop and improve the economic area northwest of the Gulf of Suez. During a press conference, Minister...

Deputy chief of union for Egyptians living and working abroad Mohamed al-Rayyan has revealed that money transfers by Egyptians overseas has reached $19billion. At the meeting of the Human...

Ethiopia announced on Wednesday that it is ready to discuss the Ethiopian Renaissance Dam with Egypt, noting that Egypt's portion of water would not be affected. The Ethiopian Minister...

The Egyptian presidency affirmed on Thursday that it would not allow anything to affect Egypt's portion of the River Nile, nor would it accept any criticism concerning such a...

The Ethiopian government announced on Monday that it will start work soon on diverting the Blue Nile, a move that is expected to spark the anger of the two...

Egypt's minister of Energy and Electricity, Ahmad Imam, has announced that an electricity project connecting Egypt and Saudi Arabia would allow for the exchange of 3,000 megawatts of energy,...

Malaysia's former Prime Minister, Mahathir Mohamad, said on Sunday that Egypt could achieve great economic renaissance over a short period because of its vast natural and human resources which...

Egypt and Ethiopia have reached an agreement to halt their propaganda campaign and to dedicate themselves to political discussions toward resolving the crisis of the Renaissance Dam. Egyptian Foreign...

President Mohammed Morsi said on Monday that the Nile water dispute is at the top of his priority list. The Egyptian leader was speaking at a conference organised to...

Oil prices in the Asian markets rose sharply on Wednesday because of the ongoing unrest in Egypt, Aljazeera.net has reported. Brent Crude prices rose for a number of reasons,...

The military coup has resulted in a massive loss to the Egyptian economy estimated at about 120 billion Egyptian pounds (around £11.5 billion/ $17.1 billion), economic experts have calculated....

Egypt's post-coup interim government is borrowing at record high levels according to figures revealed by the Ministry of Finance in Cairo. In July alone, treasury bills amounting to 81.5...