Shura Council report cites corruption as main cause of growing debt
The Shura Council’s Economic and Financial Affairs Committee is citing widespread corruption…
Spain’s most famous fiesta hit by economic downturn
Pamplona (AFP) — Spain’s most famous fiesta, the San Fermin bull running festival…
EBDA seeks to raise EGP 11m to finance Kafa’a project
By Shaimaa Raouf Supporting the Egyptian economy, attracting investment, building human capital...…
China’s inflation slows to 29-month low
Beijing (AFP) — China’s inflation slowed in June to its lowest level…
A meagre rise in foreign reserves
By Nasser Youssef Egyptian foreign reserves have risen for the third consecutive…
Eurozone ministers under pressure to deliver
A June 28-29 EU summit was hailed as a breakthrough, promising fresh…
Iran uses tricks to find oil buyers
In an effort to hobble the Iranian government, the EU joined the…
World Bank to subsidie Egyptian pharmaceutical exports
The International Bank for Reconstruction and Development (IBRD) agreed to subsidise Egyptian…
IMF warns US against cutting deficit too fast
(AFP) — The International Monetary Fund warned Tuesday that the Obama administration…
EGP 10.8bn budget for railways, deficit reaches EGP 1.2bn
By Sherif Serag The government estimated that the total budget for the…