Latest Economy News
Economic researchers express fear over the economic future
Bank of America Merrill Lynch Global Research described the transition in a…
Investor optimism back in force
Retired investors return to stock market on optimism about the country’s economic…
Egyptian businessmen create economic rescue fund
Fund set up to commemorate Morsi’s ouster, help finance country’s ailing economy
Banks lower interest rates 1% on Treasury bills
Central Bank releases bids for new bills worth upwards of EGP 7bn,…
Goods transport running as normal: supply ministry
Families consisting of five or more individuals would obtain one and a…
Fitch cuts Egypt’s credit ratings from B to B-
The global rating firm could further downgrade Egypt’s credit rating, as outlook…
Investing in clean coal
Outgoing environment minister: New technology for clean coal will be presented to…
Mohamed Elnawawy: “Mutual reciprocity” is the theme of negotiations
Elnawawy stated: “Egypt’s mobile service providers borrow and use Telecom Egypt’s infrastructure…
Banks close early ahead of ultimatum
The Central Bank of Egypt orders banks to close early before army’s…