Vice-President of European Bank for Reconstruction and Development (EBRD) Jean Fischer said they are working to find out the needs of Egypt's private sector to help it overcome the current economic crisis. He added the bank is keen to support the (...)
The Lebanese Ministry of Foreign Trade issued a report revealing that Egyptian exports to Lebanon witnessed a notable increase during the first half of 2011, recording U.S. $401 million.
Egyptian imports from Lebanon dropped by 63 percent.
The (...)
Economic expert Mustafa al-Nasharty firmly disagreed with Egypt's new finance minister, Hazem al-Beblawy, who said he has not ruled out borrowing money from the International Monetary Fund (IMF).
Nasharty said borrowing from the IMF would impose (...)
CAIRO: Egypt is committed to the market economy and to providing a suitable atmosphere for investor confidence in Egypt's future, said Hazem al-Beblawy, Egypt's recently appointed Finance Minister.
Beblawy did not rule out the possibility of (...)