Latest Economy News
Cairo airport officials deny 55% decline in air traffic
DPA’s sources said the canceling companies included Middle East Airlines, Kenya Airways,…
Jump in bank profits in the last six months
The Faisal Islamic Bank of Egypt stated that its profits for the…
GDP grows 2.2% in second quarter of 2013
The second quarter growth was less than the first quarter, which saw…
Jordan to hike power prices, risking public outcry
Sabotage attacks on gas pipelines from Egypt – the energy source for…
Maritime sector unaffected by unrest: port officials
Port Said, Alexandria and Damietta ports are “working normally”
Minister of Finance: Egypt’s government seeks to avoid austerity measures
Galal downplayed the importance of resuming talks with the International Monetary Fund…
Finance minister directs Gulf aid to foreign reserves and state budget
Expert: Value of aid is “economically misleading” and unlikely to raise the…
Industry and foreign trade ministeryto focus on increasing exports
Mounir Fakhry Abdel Nour announced that he is reviewing a plan to…
IMF: No contact yet with interim government
Spokesman says the decision to engage with the interim government depends on…