A delegation of senior U.S. economic officials will visit Cairo August 27-30 to meet with senior Egyptian officials as well as private sector leaders. The delegation will follow up on Secretary of State Hilary Clinton's visit to the country in July, during which Egyptian President Morsi and senior officials identified broad-based economic growth and job creation as top priorities for the U.S. partnership with Egypt.
The delegation will discuss with the Egyptian government steps to rebuild stability and confidence in the north-east African as well as grow its economy, and encourage completion of an agreement with the International Monetary Fund (IMF). They will discuss assistance the United States can provide to further support Egypt's political and economic transition, which aims to realize the aspirations of greater opportunity for all Egyptians.
Under Secretary of State for Economic Growth, Energy and the Environment Robert D. Hormats will lead the delegation, which includes senior representatives from the White House, Department of the Treasury, United States Agency for International Development, Office of the United States Trade Representative, and the Overseas Private Investment Corporation, the U.S. State Department said ina press release on Saturday.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.