Latest Economy News
Egypt’s foreign debt jumps 12.9 %
Qatari, Libyan and Turkish loans represent main reasons of foreign debt gap,…
Supply Ministry expects 4.5 million tonnes of domestic wheat
Ministry of Finance allocates EGP 11bn to purchase wheat from Egyptian farmers
Egypt FA sets EGP 120m minimum bid for broadcast rights for league
Rights valid for next three seasons
Lagarde: IMF negotiations ‘back to the drawing board’
Managing Director of the IMF says ‘more work to be done’ to…
Delegation travels to Iraqi Kurdistan
Part of plan to increase Egyptian exports to new markets
Russia snubs Morsi’s $2bn loan request
Russian President Vladimir Putin also turns down appeal from Morsi for wheat…
Libyan investment projects sustain double-digit growth
International Monetary Fund forecasts Libyan economic growth to reach 16.5% in 2013
Tax Authority: Tax revenues jumped 8% in 9M 2012-2013
Former Chairman of Tax Authority calls increases ‘an outcome of economic crisis…
Consumer inflation rate rises
Poorest consumers feel commodity price increases most painfully
Plans for new 3,200 MW electricity production station underway
Station will be built using €3bn in German investments