Egypt ranks low for competiveness
Country slides 13 places in global competiveness survey
Kerry urges Morsi to make progress on economic reforms
Reform measures hampered by unrest and lack of political support for plans
Brazilian investors eyes Egypt’s market after Morsi’s visit
The president’s trip earlier this month was focused on finding economic opportunities…
Fuel production rise to combat shortages
Minister of Petroleum plans to increase fuel production in attempt to meet…
Google to hold a forum for agencies to join “Engage for Agencies”
The multinational corporation plans forum to encourage marketing agencies to join “Engage…
IMF: Inflation in Egypt expected to rise by 10.9% this year
The International Monetary Fund also projects the country’s budget deficit to shrink…
Court postpones Omar Effendi case to 16 June
Iconic department store’s sale to Saudi businessman had been invalidated because of…
Disapproval over increased taxes on bank loan loss provisions
Banking figures dissatisfied with Shura Council’s decision to raise taxes on loan…
French oil company buys Shell’s fuel network in Egypt
The details of the transaction and its price have not been disclosed.
Egyptian pound slumps to seven against US dollar
Egypt’s currency continues to devalue despite attempts by Central Bank to slow…