Latest Economy News
Moody’s downgrades Egyptian government bonds to B3
The credit-rating agency is maintaining the rating on review for possible further…
Egypt’s consumer confidence dips nine points in Q4
Optimism for local jobs prospects declined nine points
Sokhna crisis closes port for thirteenth day
Egypt’s transport minister had announced the crisis on 11 February, which resumed…
Controversy over medicine prices hike
Medicines price rise completes the series of prices hike in Egypt
Central Bank dollar supply continues to shrink
$37.8m were sold at a forex auction which began last December at…
The diesel crisis: Petroleum minister’s words versus reality
Crisis due to high levels of smuggling and not a shortage in…
Egyptian exports grow 12% in January
Egyptian export growth enhances competitiveness of Egyptian products and goods in foreign…
Egypt hit with price hikes and rising inflation
Inflation rises 1.8% as Egyptians struggle to make ends meet