Latest Economy News
The Egyptian government agrees to leasing agreement with Islamic Development Bank worth $250m
The deal will allow the government to lease equipment for a power…
Al-Nour launches new economic initiative
The head of the economic committee at the party proposed a ‘social…
Mobile carriers offer technical support to River Transport Authority
Vodafone, Mobinil and Etisalat have offered to use SIM card waves to…
Sweden supports free trade agreement between Egypt, Jordan, Morocco, Tunisia
The official members' meeting on 4 March supported achieving the objectives of…
CAPMAS: Unemployment reaches 3.5 million
The number of unemployed Egyptians reached 3.5 million, increasing by 4.8% from…
Talaat Mustafa witnesses a 5.5% decrease in profits and a 9.1% decrease in revenues throughout 2012
The company achieved net profits of EGP 545.71m during 2012, while revenues…
Gulf Business magazine names top 100 in Arab region
Emir Walid bin Talal bin Abd al-Aziz Saud, president of the Kingdom…
Abdullah Shahata: Government seeking to decrease import bills and rein in currency speculation
Egypt's government is currently working with the Central Bank to link foreign…
Kerry rewards Egypt $250m for Morsi’s reforms
Kerry said the move represented ‘a good-faith effort to spur reform and…