The Egyptian pound fell on Sunday to its lowest level on record, dropping for the first time below 52 pounds to the US dollar on official markets.

This comes as the Central Bank of Egypt (CBE) allowed the currency to absorb external shocks rather than burn through reserves ...

Add Yahoo as a preferred source to see more of our stories on Google. Investments are pouring into Egypt, as well as international loans, but the poor complain that subsidies have been removed [Amr ...

March 10 (Reuters) - Egypt raised prices on a wide range of fuel products on Tuesday, the petroleum ministry said, as the region continues to reel from rising global oil and gas prices and the ...

The IMF is letting Egypt tap about $2.3 billion more from its loan program after it says reforms are steadying the economy.

Egyptian President Abdel-Fattah el-Sissi says his country is in an economic “state of near-emergency” as a result of the ...

As military developments accelerate in Iran and across the region, Egyptians are watching with growing concern—fearing that the repercussions could reach their pockets before anything else. Every ...

CAIRO (Reuters) -Egypt's economy is forecast to grow 4.6% in the fiscal year to next June as inflation and interest rates continue to fall and a weaker currency boosts exports, a Reuters poll showed ...

The Egyptian government has announced robust economic growth and unveiled a new social protection package worth approximately $830 million to support households.Egypt's economy grew by 5.3% in the sec ...

The PM underlined the importance of the authority’s role in supporting the state’s efforts to monitor any monopolistic ...

In a statement, the Washington-based lender said the disbursement followed reviews of Egypt’s reform measures, which it ...