Latest Economy News
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…
Morsi: No more wheat imports within four years
Morsi pointed that the primary goal is to stop importing wheat in…
Dearth of consumer confidence in first quarter
Experts attributed lack of confidence to insecurity, expensive living and political uncertainty
Cairo Chamber of Commerce rejects Governorate decision to provide places for 2,000 unlicensed street vendors
Businessmen in the city pledged their support for the Governorate’s plan on…
Finance Ministry official resigns over dispute with Brotherhood
Adviser Sami Khallaf accuses Muslim Brotherhood of interfering in his work and…
Health Minister lists 18 licensed bottled water companies
Ministry of Health: Don’t drink something you don’t know