Latest Economy News
Morsi to visit Russia next week
President will seek to pursue investment opportunities between the two nations during…
Libya ‘grants Egypt $2 bn interest-free loan’
The loan is to be repaid within five years, with a three-year…
Qatar to give Egypt natural gas and $3bn in bonds or deposits
Egyptian delegation led by Prime Minister Hesham Qandil arrives in Qatar on…
Egypt’s government withdraws new public budget from Shura Council
Removed draft budget showed that Egypt’s public spending for 2013-2014 fiscal year…
Egypt plans to import wheat from Kazakhstan
Wheat imports to Egypt from the central Asian nation have been halted…
EFG Hermes devalues OCI shares from $45 to $35
Downgrade result of decrease in company revenues and increase in prices acerbated…
‘Some articles of sukuk law incompatible with Shari’a’: Council of Senior Scholars member
Al-Azhar’s Council of Senior Scholars will extend discussion of the law to…
Shura Council Economic Committee set to accept $50m from Islamic Development Bank
Economic Committee: We are reviewing our losses as a result of Egypt’s…