Latest Economy News
New wells tested by Eni in the Noras field: chief exploration officer
Data from west of Abo Madi revealed that there may be a…
Egyptian imports decline by 27% in January and February
Egypt's recorded US$1.891bn in non-oil exports, an increase of 4%
Saudi officials meet with Saudi, Egyptian businessmen
A Saudi-Egyptian forum to take place on Saturday
Balance of Payments overall deficit rose to $ 3.4bn during six month of FY 2015/2016
Net inflows of foreign direct investment in Egypt rose from $ 2.6bn…
Moody’s praises CBE pound devaluation
Flexible exchange rate can offset some major challenges, Moody’s says
Egypt does not have time to remove bureaucratic obstacles: Salman
Salman added that his ministry will work easing investment procedures in front…
JP Morgan expects further EGP devaluation, IMF loan deal
The US firm expects higher interest rates
Visa to open office in Côte d’Ivoire to accelerate digital Payments
The office will facilitate engagement with key stakeholders in the region
Sahl Hasheesh invests in build-out of value-added components
Room rates have pushed through pre-revolution levels but occupancy is still struggling,…
Egypt’s US dollar certificates issuance positive for banks, insufficient to quell liquidity pressure: MOODY’S
The sale of US certificates for sale to Egyptian expatriates will increase…