Latest Economy News
Egyptians invest $50m in Ethiopia amid escalating tensions
Ethiopia calls Nile “a source of cooperation…or a potential stumbling block”
Assets plunge EGP 28.2bn end of March
Egypt’s net foreign assets fell to new low since President Mohamed Morsi…
Ministers explore coal as substitute to natural gas
The aim of the committee is to study how coal can be…
Egyptian Railways calls on citizens not to block railway lines
Blocking railways went against the interests of citizens who suffer from constant…
MSCI: No intention to downgrade bourse
Emerging markets index has no plans to delist Egypt, but monitoring developments…
Egypt, Qatar resume gas negotiations
The transport and logistics of the shipments are currently under discussion between…
Egyptian banks to keep their doors open through 30 June protests
Some banks convene meeting to form emergency plans, intensify security in case…
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…