Latest Economy News
Foreign direct investment dries up
Investors report that it can take several weeks for legitimate transfers to…
Government calls for energy efficient air conditioners
The ministry gave providers a one-year grace period to supply household energy…
Bourse plunges to one-year low after MSCI announcement
Egypt may be bumped from “emerging market” to “frontier market” on lack…
‘Egypt possesses no economic vision’
Chairman of the Canadian Chamber of Commerce criticises Egypt’s lack of economic…
Market sees rebound after months of losses
Experts are unsure of market’s future as increasing instability looms
Supply Ministry: Wheat shipment agreed on with the US came from Canada
GASC said the shipment contained high levels of ambrosia seeds, violating terms…
India offers Egypt post-revolution lessons
Following President Mohamed Morsi’s visit to India in March, the two countries…
Qatar grants Egypt 5 LNG shipments to relieve industrial sector
Egypt’s gas shortages threaten to paralyse the country’s production industry, putting factories…
Inflation rate reaches 8.2% in May: CAPMAS
Workers in the retail sector say prices for most products have increased…