Latest Economy News
Central Bank: EGP 72.7bn in increased domestic liquidity reported by the end of December 2012
The increase in the nation’s monetary supply reflected an EGP 11bn, or…
Morsi’s trip to India creates conflict with some in business community
An EBDA representative said that the organisation helped plan Morsi’s itinerary due…
US officials speak on Egypt’s economic situation and its political consequences
US officials stated that Egypt’s economic problems can be traced back to…
Social Fund for Development unable to finance more franchises
Difficult economic and political situation prevents further expansion
Egypt buys wheat through US credits
US approves Egypt’s request to buy wheat through the USDA export credit…
World Bank invests $250m, creates 250,000 jobs in Egypt
The project targets those who are incapable of finding a job, and…
Red Sea Port Authority discusses possible solutions for Al-Adabeya port ‘carcinogenic containers’
The eight infected containers of insecticide have been at Al-Adabeya for 14…
‘Million trip’ eating away EgyptAir revenues
Anonymous source within EgyptAir attributes national carrier’s revenue losses to reduced passenger…
Central Bank to fight foreign currency black market
Exchange market stabilises as demand for dollar retreats
