Latest Economy News
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…
46.3% decrease of number of tourists in Egypt in January 2016: CAPMAS
A total of 363,500 tourists visited Egypt from around the world in…
Qabil discusses development of cooperation with EU delegation
Minister of Industry and Foreign Trade Tarek Qabil met with the delegation…
Egypt to take part in G20 summit in Shanghai
Egypt will actively participate in discussions and endeavours conducted in G20 summit
AfDB announces $140m fund for Egypt’s Administrative Capital
President of the African Development Bank (AfDB) Akinwumi Adesina said the bank…
EGP 2tn size of the Egyptian banking sector by the end of 2015: Fayed
The size of the Egyptian banking sector was EGP 2tn by the…