Latest Economy News
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
IMF delegation meets with Al-Wafd Party
Party suggests delaying economic reform programme for one year, tells IMF they…
Egypt relies on domestic wheat harvest for coming six weeks
Head of Farmers Syndicate calls decision to cut wheat imports ‘crazy’
CAPMAS: cotton exports down by 40.6% in Sept-Nov 2012
Attributes decline to rise in global cotton prices
Ministry of Finance meets US Deputy Trade Minister for International Trade Affairs
The American delegation showed interest in participation in Public-Private Partnership projects
Slum Development Fund seeks to fund projects in Minya and Ramlet Bulaq at an estimated cost of EGP 126m
The governorate will be required to provide the remaining EGP 84.646m to…
Cairo Chamber of Commerce: We oppose the IMF loan if it will make the poor poorer
CCC also urges government to reverse decision on customs duties hike and…
Egypt’s Central Bank pumps $600m into Egyptian market in 30 minutes
Move intended to curb inflation