Latest Economy News
Inflation hikes to 8.1% in April on currency slide
Egypt’s Central Bank decided to keep overnight deposit and lending rates unchanged…
Outsourcing assembly lines
European companies agree to the Ministry of Commerce and Industry’s new plan…
Engineering consulting company releases quarterly report
The consulting firm says Egypt’s consumption price index increased by 4% due…
Egypt, Saudi Arabia sign MoU for electricity linkage project
Grid would eventually link 14 Arab countries
Shura Council seeks advice from previous ministers to address budget deficit
Former PM decries lack of ministerial cooperation, calls for stricter austerity measures
Saudi says IMF growth forecast too low
The IMF said this month that it expected growth in the largest…
Syria oil output dives to 5% of pre-war level: minister
Abbas said output was now running at about 20,000 barrels per day…
Government conducts search and seizure campaign on unsafe bottled water
Consumer Protection Agency warns that 7 brands of bottled water did not…
Cabinet approves licence for new vehicle tracking company
Egyptian Tracking Services and Information Technology established with upwards of EGP 100m…
Hyde Park, New Urban Communities Authority forms strategic partnership
New venture pledges commitment to Deliver Units on Schedule According to Highest…