Latest Economy News
World Bank evaluates income inequality
World bank conducts a research to assess the true value of income…
Inflation climbs to 10.3 % in July
Annual inflation increases to 10.28% in July compared to 9.75% in June
Gulf funds push foreign reserves to highest levels since November 2011
Egypt's net reserves reached $18.9bn in July, up $4bn from the month…
MENA has the highest unemployment rate
MENA had the highest unemployment rate of all regions in 2012, at…
Interim government aims to raise living standard
Bahaa El-Din said the new cabinet can’t perform major radical changes because…
State employees’ wages increase by 10%
The cabinet will raise basic wages of state employees by 10% in…
Foreign currency reserves surge to $18.9bn in July
The current foreign reserves, necessary to import staples, primarily wheat, registered $14.9bn…