CAIRO Egyptians voted on Saturday in a three-day referendum on constitutional changes that could allow President Abdel Fattah al-Sisi to stay in office until 2030 and boost the role of the powerful military.
CAIRO Egypt has signed an agreement with Euroclear, Europe's biggest settlement house for securities, to allow holders of its sovereign debt to clear transactions outside the country beginning in six months' time, its finance minister said.
CAIRO Egypt will remove subsidies on most energy products by June 15, it told the International Monetary Fund in a January letter released by the IMF on Saturday as part of a review of Cairo's three-year, $12 billion (9 billion pounds) loan programme with the lender.
CAIRO, April 1 Egypt's current account deficit
widened to $2.1 billion in the last three months of 2018 from a
deficit of $1.78 billion in the same period a year previously,
according to Reuters calculations based on central bank data
released on Monday.
CAIRO Egypt's central bank is likely to maintain interest rates at its meeting on Thursday, a Reuters poll showed on Monday, although some analysts predicted a cut ahead of expected fuel price increases this summer.
CAIRO, March 17 The Egyptian pound strengthened
on Sunday to its highest in over two years, boosted by an
increase in foreign funds into the country.
CAIRO, March 12 A campaign calling on Egyptians
to stop buying new cars to curb price rises has dented sales,
but supporters say values must fall further before cash-strapped
customers can return to the forecourts.
CAIRO, March 10 Egypt's annual urban consumer
price inflation increased to 14.4 percent in February from 12.7
percent in January, the official statistics agency CAPMAS said
on Sunday, confounding some analysts' expectations of an
imminent easing cycle.
CAIRO Egypt's economy is expected to grow 5.3 percent in the fiscal year that ends in June, according to forecasts economists polled by Reuters, the same view found in a survey three months ago.
CAIRO/DUBAI Sudanese authorities are blocking access to popular social media platforms used to organise and broadcast nationwide anti-government protests triggered by an economic crisis, internet users say. | Video