Latest Economy News
Strong expectations about pound devaluation by CBE after raising interest rates
Analysts warn about the negative impact on inflation rate if the step…
Increasing interest rates: controlling inflation or increasing deficit and debt burden?
The government’s current debt is projected to reach 11.5% (EGP 309bn) in…
Banks to hold meetings on Sunday on the fate of interest rates following CBE decision
Banks will watch the decision’s impact’s yield on treasury bills and bonds…
Russian Retail Companies Association looks to identify ways to diversify Egypt’s exports to the Russian market: Tarek Kabil
Egypt’s Minister of Industry and Foreign Trade Tarek Kabil recently met with…
New report on Egyptian economy paints bleak picture unless reforms made
The report reviewed the economic reform programmes that were launched prior to…
Abou Hashima looks to revamp Egyptian media by becoming its most dominant player
Following his recent purchase of ONTV, Abou Hashima is planning a number…
Earthquakes, mudslides are among major threats facing Golden Triangle development
The area has recorded 44 earthquakes in 16 years and 29 mudslides, which threatens…
Single authority formed for Golden Triangle to cut down on bureaucracy
The initial stage of the project focuses on agriculture and industry, says…
Treasury bond balance increases by EGP 2.02bn at end of May: Finance Ministry
These bonds were put forward from 12 February 2008 until 26 April…
The Golden Triangle: big hopes, bigger challenges
75% of Egypt's mining wealth is located in the heart of the…