Latest Economy News
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
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