Tag: Economy

EGP 135bn spent on subsidies for current fiscal year

By the end of the current fiscal year the amount spent on…

Daily News Egypt Daily News Egypt

Suez Canal development plan to be presented in January 2015: SCA official

Suez Canal Authority expects consortium tasked with preparing the plan to be…

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Al-Futtaim Group Egypt to launch new Honda City model in July at EGP 165,000 starting price

By Islam Atris Nile Trading and Engineering Company Al-Futtaim Group Egypt, Honda’s…

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Government to halt import of products with local equivalent

Decision in line with ministry of industry’s earlier announcement it is preparing…

Doaa Farid Doaa Farid

Decision to use coal in cement industry is irreversible: Mehleb

Prime minister denies reports that Suez would be transferred to the authority…

Daily News Egypt Daily News Egypt

Communication of Egyptian government needs improvement: OECD

Report criticises labour market and education system; describes them as structural weakness

Sara Aggour Sara Aggour

Development of industrial areas expected to miss deadline at end of FY

Industrial Development Authority considering to speak with the ministries of Finance and…

Daily News Egypt Daily News Egypt

Government targets 67% GDP share from private sector

In past three years, private sector’s contribution to GDP was 60%, down…

Sara Aggour Sara Aggour

IMF says Lebanon economy to grow by 4% in medium term

Reuters - The International Monetary Fund forecasts Lebanon's economy will grow by…

Daily News Egypt Daily News Egypt

Annual inflation drops while foreign reserves rise

Revenue consistency prompts rise of foreign reserves for fourth consecutive month and…

Sara Aggour Sara Aggour