Latest Economy News
PBDAC awaits supervision by CBE to implement development plan: chairperson
The new law does not exclude the bank from Ministry of Agriculture…
4.4% growth in GDP forecasted for FY 2016/17 in Egypt: World Bank
$35bn accumulated in direct and indirect losses from war in Syria and…
Beltone calls on general assembly to issue GDRs on London Stock Exchange
Legal adviser for Beltone says acquisition of CI Capital failed due to…
Analysts predict decline of EGX following failed Beltone-CI Capital acquisition deal
The EGX will likely decrease from 7,756 points to 7,600 points after…
Egypt’s foreign debt grows by $5.6bn at end of Q3 FY 2015/2016: CBE
The new figure marks an increase of $5.6bn (11.8%), the CBE reported
3.2% increase in monthly inflation in May: CAPMAS
Annual inflation rate rose to 12.9% in May compared to last year
BP announces new discovery in Egypt’s East Mediterranean
The discovery is located 12 kilometres from the shoreline
Al-Sisi’s government engineers bold reforms, more structural adjustment required: IMF
Foreign investors applaud removal of subsidies, VAT, liberalised exchange rate, investment and…
Al-Sisi fails to control price increases
During most of his speeches, Al-Sisi stressed to Egyptians that there would…
