Government to bolster transport system with EGP 1.4bn
Ministers agree on package to develop and reform transport system in wake…
President amends Traffic Law with harsher punishments for violations
Decision comes amid increasing road accidents, says presidential spokesman
Food prices expected to rise 20% following fuel subsidy cut: Experts
Food products will rise by approximately 20% on higher costs of fuel…
Almost 20 dead daily in road accidents in 2013: Report
A total of 15,578 car accidents took place in Egypt last year,…
Annual urban consumer inflation falls to 8.2% in May
May’s annual inflation rate at its lowest since November 2013, says CAPMAS
5.14% year on year decline in construction spending: CAPMAS
Unstable economic situation in Egypt the main reason behind decrease in construction…
Long term-loans taken out by government economic bodies up 3.3% year on year: CAPMAS
Increase of value of long-term loans can be attributed to Egypt’s unstable…
Number of foreigners working in government sector declines by 3%
Unstable economic and political situation contributed to decrease in the level of…
Bids for 50,000 residential units to be issued by NUCA
The units will be constructed in 15 different cities and governorates nationwide
Annual Inflation rate hits 10.2% in March
Exchange rate depreciation, money expansion, supply shortages, recurrent wage increases are attributed…