Latest Economy News
EGX board elections
Call for membership nominations 12 May, elections due 17 June
Key Egyptian negotiator with IMF resigned on Sunday, MOF spokesperson denies trouble with FJP as reason for resignation
Deputy Finance Minister’s resignation adds risk to IMF loan
Government eliminates subsidised energy for paper and glass industries
Industries no longer considered energy intensive, says government
Smart cards for subsidies within three months
LPG subsidies system to end at ‘appropriate time’, says minister of state…
Government amendment package to close budget deficit and amend subsidy laws
Half of revenues collected from real estate taxes to be used to…
Egypt and Germany sign €165m agreement
Deal part of debt swap agreement initially stalled by German Chancellor Angela…
Investment minister: EFG Hermes-Qinvest deal to be finalised by 3 May
Hard to complete deal by date without EFSA approval, says EFG
Cairo Supply Directorate: 93% of bakeries set to employ new baking system
System in place to help bakeries cope with fuel crisis
Four new air-conditioned trains for Cairo Metro next month
Trains purchased from Mitsubishi
Kuwait invests in Egyptian railways
Kuwait Fund for Arab Economic Development and Arab Fund for Economic and…