Latest Economy News
New real estate construction in 6th of October City
Wadi El Nile Company for Agricultural Development to begin real estate project…
French oil company buys Shell’s fuel network in Egypt
The details of the transaction and its price have not been disclosed.
Qatar gas deal postponed
Natural gas import agreement between Egypt and Qatar delayed because of “unresolved…
Egyptian pound slumps to seven against US dollar
Egypt’s currency continues to devalue despite attempts by Central Bank to slow…
IMF: Tax reforms to increase Egypt’s GDP by 0.75%
The IMF expected Egypt’s GDP to grow 2% over the next year…
Finance minister requests aid from Saudi Arabia
Egypt asks for $500m in aid from Saudi Arabia to support its…
Egyptian foreign debt increases by $8bn
Internal debts hit an alarming EGP 1.4tn, equivalent to about $200bn.
Egypt: International banks eyeing long-term growth
Egypt’s market is also attracting attention from Gulf banks
Digitised database will exclude 1.5 million from receiving subsidies: Ouda
Minister of Supply and Internal Trade expects 1.5 million citizens to be…