Latest Economy News
IHS cuts Egypt’s banking sector rating to “significant risk”
IHS expects the country’s economic growth to remain low over the next…
Economic crisis affects charitable organisations
Egyptian charitable organisation were also hit by the Egyptian economic crisis
Egypt’s rating at S&P’s unchanged despite Gulf aid
Standard and Poor's maintains Egypt's rating CCC+ with a stable outlook
Egyptian food industries scoring points in the US market
Egypt has exported 300 food products to the US, a key market…
Moody’s: Gulf aid is “credit positive”
Qatar, meanwhile, had granted Egypt $2.5bn in loan last January, and extended…
Rising instability pushes reinsurance companies to raise the price of their political violence policies
Recent spikes in violence may cause such companies to refuse coverage all…
Prospective government faces daunting energy subsidies reforms
Slashing energy subsidies is one of the requirements set by the International…
Delays in the World Bank’s water project
The project, whose budget is $300m, aims to construct wastewater treatment plants,…
Sawiris: My family will pump billions of dollars worth of investments into Egypt following the 30 June uprising
Sawiris further said in a statement made to Reuters that Morsi sought…
M&A transactions with Middle Eastern targets reach $14.7bn in H1 2013
Russell Haworth, managing director, Middle East & North Africa at Thomson Reuters,…