Egypt’s consumer confidence dips nine points in Q4
Optimism for local jobs prospects declined nine points
Central Bank dollar supply continues to shrink
$37.8m were sold at a forex auction which began last December at…
Egypt hit with price hikes and rising inflation
Inflation rises 1.8% as Egyptians struggle to make ends meet
IMF loan will not be included in next year’s budget
Budget will not take into account the loan or other international aid…
Government to switch to open source
Decision motivated by need to reduce government technological expenses and software imports
Standard & Poor’s: Gulf banks replace European banks in MENA
European banks are shedding assets outside of the MENA region to rebuild…
IFC to invest $6m in ‘Fawry’
The investment in 'Fawry' the electronic payment provider, will be used to…
Stock market’s indices turn green
Positive performance for EGX as the week begins, experts to re-assess end…