Latest Business News
Bright Sky Travel expects 50% decline in tourist arrivals to Egypt in 2016: chairperson
Blue Sky Group will begin marketing campaigns in Eastern Europe, especially in…
British retail bank Lloyds announces more job cuts
Lloyds Banking Group has said it will have to speed up its…
Egypt borrows from IMF to retain international confidence in economic stability: Al-Sisi
US dollar loses over 50 piastres on informal market, 5% jump on…
Will the IMF loan be the answer to Egypt’s currency crisis?
The time is right to abolish foreign currency exchange control, says Beltone
Egypt targets $21bn loan over 3 years to finance economic programme
IMF to offer $12bn, while the World Bank, AFDB, and international bonds…
US dollar loses over 50 piastres on informal market following announcement of $12bn loan from IMF
The US dollar is likely to see more depreciation in the coming…
EGX jumps 5% during Wednesday trading, supported by IMF loan
The expected $12bn loan agreement with the IMF prompted institutions to increase…
EGP 482 per month becomes new poverty line
The percentage of the population under the poverty line jumped from 26.3%…
Government may revise its economic reform programme with the IMF loan: El-Araby
The government may modify its programme that was previously submitted to the…
No fines for overspending Spain, Portugal
The European Commission has decided not to recommend fines against Spain and…