Latest Economy News
71% of Egyptians say family income insufficient for expenses, needs: Baseera
Nearly 71% of Egyptians described their family income as insufficient for their…
Beltone Financial Holding sells 11.2% of shares to financial institutions, investors
Majority shareholders of Beltone Financial Holding SAE have sold 11.2% of the…
IMF approves disbursement of $2bn third portion of loan to Egypt
The executive board of the International Monetary Fund (IMF) announced Wednesday its…
China to develop integrated area in New Administrative Capital by Q1 2018
Initial investments in textile industries in Suez Canal axis about $1bn, says…
USD 18.85bn T-bills foreign investments in Egypt by end-October
Foreign investment in Egypt’s debt pile hit an all-time high by the…
75% increase in Chinese direct investments in Egypt in H1 2017
China has raised its direct investments in Egypt by $106m, an increase…
Nasr inaugurates Egyptian-Japanese business forum in Tokyo
We have put a plan to establish investment zones in all governorates…
Finance Ministry considers increasing income tax for some sectors
Some sectors have not achieved targeted tax, therefore ministry targetting tax structures…
Stronger pound to ease beef prices, increase in consumption, imports forecasted: FAS
Tourism recovery will lead to US beef exports to Egypt