Emerging markets unable to manoeuvre due to rising domestic debt
By Rahma Abdelaziz China once again lowered interest rates, indicating Beijing’s desire…
Shura Council report cites corruption as main cause of growing debt
The Shura Council’s Economic and Financial Affairs Committee is citing widespread corruption…
Shorouk City to offer 100 acres for bidding, starting 2013
By Badawy Shalaby Abdelmoteleb Mamdouh, head of the El-Shorouk City administration, announced…
Spain’s most famous fiesta hit by economic downturn
Pamplona (AFP) — Spain’s most famous fiesta, the San Fermin bull running festival…
EBDA seeks to raise EGP 11m to finance Kafa’a project
By Shaimaa Raouf Supporting the Egyptian economy, attracting investment, building human capital...…
Expectations of worldwide downturn in cotton production
By Inaam El-Adawy The Cotton Exporters’ Association predicts that worldwide cotton production…
Al-Khabir’s director forecasts revival of real estate market
By Badawy Shalaby Mohamed Saad, director of the Al-Khabir Company for Investment…
China’s inflation slows to 29-month low
Beijing (AFP) — China’s inflation slowed in June to its lowest level…
World Bank to subsidie Egyptian pharmaceutical exports
The International Bank for Reconstruction and Development (IBRD) agreed to subsidise Egyptian…
Re-establishing Confidence
Richard Banks talks about business in Egypt