Latest Economy News
Fuel production rise to combat shortages
Minister of Petroleum plans to increase fuel production in attempt to meet…
IFC, EIB, and AFD Support Small Businesses and Mobilise Investment in MENA
IFC is establishing the MENA SME Facility in partnership with the World…
Egypt’s cash-strapped rulers woo former regime tycoons
The reconciliation deals are rooted in a decision by the former military…
Government seeks to tackle mounting electricity woes
Energy subsidies set to increase to EGP 23bn, home consumption represents 43%…
Forex auctions carry on
Despite the optimism, the current political insecurity and the unsettled International Monetary…
New Central Bank Regulation to hit local money markets
CBE tightens limits on tier 1 capital in money markets; Beltone to…
Government hopes to acquire EGP 3bn in direct foreign investment
Settles dispute with United Arab Emirates real estate developer DAMAC and levies…
Egypt reaps EGP 13.5bn in custom duties
A report reveals that from July 2012 to mid-May this year Egypt…
Cairo government launches bid to ease road traffic via water transport
International auction to sell 15 marina boats will be held in coming…
Finance Minister: New reform plan for petroleum sector
Aim to provide electricity subsidies and ensure the safe transport of gas…