Latest Economy News
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…
Banque Misr to launch three new retail banking products at UAE branches
Products to include both personal and vehicle loans, in addition to the…
Consumer group holds cement companies responsible for dollar shortage
Citizens Against Price Rises demands Egypt’s Central Bank intervene to address the…
Government cancels EGX dividends and gains taxes
Government official: No further NSGB-QNB deal taxes, any already collected to be…
Petroleum ministry halves supply of natural gas to cement factories
Ministry held meeting with factory heads on Sunday to announce decision