Latest Economy News
2016: an opening for Egypt’s economy to recover or an entryway into a dark tunnel?
International lending is threatened with the fate of Gulf aid, which failed…
Crédit Agricole resumes use of prepaid, credit cards for online purchases
The bank noted that if a client uses different cards, the spending…
VAT implemented starting Friday: Finance Ministry
A three-month transition period will be applied to allow companies to adapt…
World Bank, AFDB mission to visit Egypt to discuss granting second tranche of fund
The mission will provide the second tranche of funding from the two…
MENA regional outlook remains stable: Focus Economics
Fastest growth expected for Egypt, Israel with projected GDP expansion of 3.1%,…
SMEs may be the key for a better Egyptian economy, but does the government care?
Small- and medium-sized enterprises (SME) may be the best solution for Egypt’s…
The feasibility of Egypt’s IMF loan
On 11 August, the International Monetary Fund (IMF) announced that it had…
German economy expands amid budget surplus
The German economy has logged another quarter of expansion, the National Statistics…
Egypt sees opening to become largest African economy
Though the top three seem to be in a constant back and…
Deteriorated economy forces Egyptians to endure ‘slavery’, maltreatment in Saudi Arabia and Kuwait
Some expats criticise discrimination and dwindling rights, consider kafala system a form…