Latest Economy News
IMF must evaluate Egypt’s reforms before releasing loan’s 2nd tranche: Lagarde
“The IMF needs to evaluate the economic reforms of the Egyptian government,” said…
Increase of oil prices, costs reduction will stabilise global integrated oil and gas business: Moody’s
In terms of debt and its impact on companies’ credit profiles, the…
CBE pledges to provide US dollars to import basic commodities for 6 months
The money will be used to import 200,000 tonnes of oil, 60,000…
Egypt’s PMI declines in August
FocusEconomics forecasts 5.2% increase in total investments in FY 2016/2017
Egypt hits one year of recession
New report finds that downturn in Egypt’s business activity is still linked…
Russia lifts restrictions on import of Egyptian agricultural products
Annual Egyptian agricultural products exported to Russia amount to $350m, says Minister…
Flotation of Egyptian pound wanted in the long-term: Trade and Industry Minister
Kabil’s comments came during the 2016 Euromoney conference being held in Cairo
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…