Challenges such as large current account and fiscal deficits remain, but three years after the Arab Spring …
Political unrest
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Industry & Trade
Egypt’s Arafa: Net Profits Fall 13.5% in 9 Months on Exchange Rate
by Yomna Yasserby Yomna YasserEgypt’s largest garment exporter, Arafa Investment and Consulting (Arafa Holding) (AIVC.CA) has reported on Sunday a decline …
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Egypt’s central bank unexpectedly cut its benchmark interest rate, seeking to spur an economy that’s been hobbled by …
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Industry & Trade
Tourist Arrivals to Egypt Fall 69.7% in September – CAPMAS
by Yomna Yasserby Yomna YasserThe Central Agency for Public Mobilisation and Statistics (CAPMAS), Egypt’s official statistical agency, has registered a decrease …
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Ghabbour Auto (AUTO.CA), Egypt’s leading car distributor, is counting on a strategy of expansion in the Middle …
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Egypt News
Ongoing Unrest Is Driving Egypt’s Tourism Decline – Minister
by Salma Aymanby Salma AymanEgypt’s Tourism Minister Hesham Zaazou said on Tuesday that tourism is suffering a setback due to political …
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Number of mangers of banks branches in Egypt said the banking sector will continue to halt their …
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Egypt News
Obama Says US Concerned about Egypt Protests, Working to Protect US Embassy, Consulates
by Yomna Yasserby Yomna YasserPresident Barack Obama says the United States is concerned about protests and political unrest in Egypt. He …
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Egypt’s bond rating was cut for the fifth time in two years by Moody’s Investors Service, pushing …
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Egypt’s tourism industry has been severely hit during the nearly two-years of political unrest in the country. …