Latest Economy News
Fall in index woos foreign investors
Non-Arab foreigners net buyers of EGP 236m ($34m) of shares so far…
JVs to bid on Suez Canal development
25 Egyptian and international joint ventures bid for contracts to implement the…
Investment minister proposes ‘treasury’ project
Hamed also announced his plans to hold talks with Central Bank of…
Egypt negotiates end to international disputes
The government is currently engaged in international commercial and legal disputes
New Israel, Palestinian finance ministers in first talks
Both sides said that the initial aim was to relaunch regular meetings…
Making Egypt a gold-mining contender
Centamin’s Andy Davidson: New technologies could make the country a top producer
Government seniors to sell gifts received from Arab and foreign leaders
Government’s Officials to auction off their valuable gifts, amid a soaring budget…
Egypt, IMF in final stages of verifying economic programme
Loan delayed by inconsistent implementation of subsidy cuts and tax hikes
Bank tax law amended following criticism
The law, which taxes funds set aside by banks to cover potential…
World Bank sees less global growth, more stability
The MENA economies, projected to grow 2.5 percent, are still feeling the…