Latest Economy News
Finance Ministry releases first coupon for variable yield bonds
The Finance Ministry has previously used similar financial tools as measures to…
Saudi and Egyptian businessmen freeze investments in Egypt
Decision comes in response to Prosecutor General Tala’at Abdallah’s decision to ban…
Election uncertainty to negatively affect Egypt’s economy: Standard Chartered
The low level of reserves is making it harder for the Central…
Ministry of Finance approves Ali Lotfy’s call for pay back of subsidies
Former prime minister called on the rich ‘to voluntarily pay back to…
CEMEX cement joins new Nile project
River navigation project expected to create 3,500 job, EGP 2.4bn funding from…
Al Rajhi releases new ‘smart activation’ service
Al Rajhi has invested large amounts in its electronic infrastructure in order…
Egyptian investors seek industrial zone in Algeria
Also calling for removal of customs duties on imports from Egypt
Ministry of Petroleum admits fuel shortage
Ossama Kamal: The lack of fuel in Egypt has led to power…
EFSA will no longer approve GDR acquisitions
New regulations from the Egyptian Financial Supervisory Authority will not apply to…
Minister of investment ready to intervene in Orascom tax dispute
Ossama Saleh said he hopes Nassef Sawiris’ ‘patriotic spirit’ would hold him…