Latest Economy News
Finance minister promises no new taxes
Galal announced that no property taxes or income taxes would be modified…
EgyptAir awaits cabinet approval to start its Aero City
Events stemming from the fallout of the protests and sit-ins held by…
Egyptian exports to EU, Turkey and South Africa unaffected by political stances
The positions of Turkey and South Africa will not have an effect…
Government plans urgent measures to curb inflation
Ministerial economic group to take measures to combat rising prices of consumer…
Central bank reduces its interest rates by 50 basis points
According to a statement on the bank’s website, the discount and repurchasing…
El-Beblawi’s government sees highest recorded monthly borrowing rates in three years
The financial monthly bulletin issued by the Ministry of Finance showed the…
Four days off to stock market employees for Eid Al-Fitr
The break is set to last four days until 11 August, with…
Moody’s downgrades Bank of Alexandria’s rating to B3
Moody’s stated the rating action was driven by the firm’s “view that…