Latest Economy News
Government policies increase poverty, future for the poor seems bleak: expert
Poverty in Egypt will increase throughout the year, as the government did…
Upper Egypt will become poorer due to corruption: expert
Corruption creates poverty with Upper Egypt being the most affected
Poverty rate rises while solutions are lacking, low-income citizens in Upper Egypt, Sinai most affected: experts
The Central Agency for Public Mobilisation and Statistics (CAPMAS) announced that the…
The Economist article is void of objective analysis of Egypt’s economy: Foreign Affairs spokesperson
It is obvious that The Economist has chosen to take sides with…
Rise in electricity prices not related to IMF loan: Shaker
Electricity budget is marked at EGP 52bn for the fiscal year 2016/2017,…
Egypt pays $2.25bn of external debt in July: CBE
Foreign exchange reserves dropped $2bn in July, reaching lowest point since January…
The Economist’s biased reports will not affect IMF deal: economists
Al-Sisi has gone “beret in hand” to the IMF for a $12bn…
Egypt seeks to boost foreign direct investment
The government’s drive to boost foreign capital flows has moved forward with…
Egypt’s external debt to climb to 21.8% of GDP in 2020: FocusEconomics
US dollar exchange rate expected to increase to EGP 10.19 by the…
Egypt begins economic recovery
Despite the number of layoffs increasing, Egypt’s private sector experiences its smallest…
