| 12/30/2012 - Egypt stocks rose slightly following last week's market fluctuations, as analysts had expected a market rise following strong Global Depository Receipts (GDRs) gains. Shares listed in the London Excha... |
| 12/31/2012 - Prime Minister Dr. Hisham Qandil has launched a national initiative for achieving economic take off. This initiative which is based on the philosophy of "let us agree on what unites us" includes the f... |
| 12/31/2012 - An auction by the Central Bank of Egypt (CBE) to buy and sell US dollar succeeded in curbing venture on the currency rate. The dollar is currently priced at EGP 6.36 to companies and institutions plus... |
| 12/31/2012 - The Federation of Egyptian Chamber of Commerce as well as investors said they hail the President's initiative to start serious work and production in all work sites so that the Egyptian economy bounce... |
| 12/31/2012 - The Egyptian pound's fall to a record low does not worry or scare the government and the situation will "balance out within days", said President Mohamed Morsi during a meeting with Arab journalists, ... |
| 1/1/2013 - Egypt is not concerned about the dollar’s recent rise against the Egyptian pound, President Mohamed Morsy said on 31/12/2012. The market will stabilize within days and funds are being pumped in to bal... |
| 1/1/2013 - Stock Exchange registers a 50.8 per cent year-to-date increase, becoming world's third best-performing stock market this year. Egypt's stocks ended the year 2012 on a positive note, bolstering its imp... |
| 1/1/2013 - Minister of Planning and International Cooperation Ashraf el-Arabi said on 31/12/2012 that the government has to take strict measures in the face the economic crisis. This came during press statements... |
| 1/2/2013 - Minister of Tourism Hisham Zaazou met on 1/1/2013 with Saudi Ambassador Ahmed al-Qattan to review how to foster Egypt's cooperation with Saudi Arabia. During the meeting, Zaazou and Qattan discussed w... |
| 1/2/2013 - Members of the Islamic Research Academy, one of Al-Azhar's affliated institutes, say they reject a bill on Islamic bonds (sukuk) recently approved by Egypt’s Cabinet. The institute declared that it re... |
| 1/3/2013 - The UK, which assumed the presidency of the G8 at the beginning of new year, has admitted that Egypt has not been given the support it needed after its revolution. “We understand Egypt’s disappointmen... |
| 1/3/2013 - Life in Egypt is about to get harder for ordinary people who will bear the brunt of inflation caused by a decline in the value of their currency. As elections approach, President Mohamed Morsi's Musli... |
| 1/5/2013 - The Egyptian Exchange (EGX) made gains of 15.25 billion pounds in the first week of 2013, posting a four-percent rise comparing to the week earlier. The EGX 30 benchmark index was up by 5.85 percent t... |
| 1/5/2013 - Finance Minister Momtaz el-Saeed has agreed to allocate 25 million pounds for the Holding Company for Water and Wastewater (HCWW) to complete sewage projects in Suez Canal cities. In statem... |
| 1/7/2013 - A delegation from the International Monetary Fund (IMF) arrived in Cairo to resume talks with Egyptian officials on a loan worth $4.8bn. The delegation is led by Masood Ahmed, the Director of the Midd... |
| 1/7/2013 - Egypt is continuing to negotiate with the United States over a debt swap programme, Minister of Planning and International Cooperation Ashraf El-Arabi has said. Egypt aims to convince the US to swap f... |
| 1/8/2013 - Qatar is considering boosting its assistance to Egypt through increasing its deposits at the Egyptian Central Bank, and by granting Egypt an additional $500 million, Qatari Prime Minister Sheikh Hamad... |
| 1/8/2013 - The local stock exchange saw healthy gains as Egypt concluded yet another round of talks with the International Monetary Fund (IMF). The benchmark EGX30 index rose 1.23 per cent for the day to reach 5... |
| 1/8/2013 - The International Monetary Fund (IMF) held "productive" discussions with Egypt about its economic strategy, a senior Fund official said after a visit to the country. Egypt is desperately seeking a $4.... |
| 1/8/2013 - At his first meeting with the finance officials, Finance Minister Al-Morsi Al-Sayed Hegazi said on 7/1/2013 that he is keen to develop all State financial systems. At the same meeting, the finance min... |
