Latest Economy News
Banks close early ahead of ultimatum
The Central Bank of Egypt orders banks to close early before army’s…
Egypt’s benchmark index falls 0.32% after Morsi’s speech
Meanwhile, EGX 70 index, tracking small and medium sized companies increased to…
Jumia Egypt “Arab Internet Pioneer” in Egypt for 2012
The awards were designed to recognize and reward companies who have demonstrated…
Credit default swaps hit alarming levels amid nationwide protests
Domestic public debt hit EGP 1.387tn (about $200bn) in April, foreign debt…
Three-year transition to inflict long-term damage to economy: experts
Regarding Egypt’s request for a $4.8b loan from the International Monetary Fund…
Stock market rises unprecedentedly, celebrating military’s statement
The trade volume on Tuesday had its highest rise in the past…
Declining Egyptian pound threatens Saudi investments
Saudi-Egyptian business council tells Al-Eqtisadiah newspaper Saudi investments in Egypt will be…
New stock chairman sets paramount topics
El-Sherif further emphasised the need for society to recognise and realise the…