Latest Economy News
EGAS explores Delta, Mediterranean for oil and gas
So far holding company receives bids from BP, Sea Dragon, Edison, Dana…
EFG Hermes-QInvest deal lag pulls EGX down
The main EGX 30 index drops 0.18% to 5,285 points on Wednesday
Dollar price jumps 22 piasters on black market
Exchanges attribute rise to increased demand from importers
Baskindale offers to buy 100% of Orascom Telecom Holding
Baskindale is a wholly-owned subsidiary of Altimo, economic expert believes deal poses…
IMF cuts world growth forecast
"We are in a better place but... we're not out of the…
Role of World Food Programme in Egypt
Gian Pietro Bordignon, the director of WFP in Egypt, spoke to Daily…
CAPMAS: Number of tourists visiting Egypt increases by 12%
The report said that the Tourism Ministry has unofficially stated an increase…
Egypt and IMF end talks without agreement
Finance Minister Al-Morsi Hegazy will travel to Washington to resume negations over…
CAPMAS: Unemployment rate jumps to 12.7% in 2012
Rate has increased by 3.7 percentage points since 2010
Budget deficit reaches EGP 197.5bn
Current deficit now amounts to 9.5% of GDP