Central Agency for Public Mobilisation and Statistics: 51.3% of youths live in poverty in 2012
51.3% of youths between the ages of 18 and 29 lived in…
Eid Al-Fitr’s weddings and engagements bolster gold market
Local gold market witnessed a surge in sales and prices in Eid…
Smart card project will help fight smuggling: Galal
Minister of Finance presents strategy to automate fuel distribution amid shortages
Abu Eita: the government is working to rescue idle factories
The government is working to address problems faced in a number of…
State employees’ wages increase by 10%
The cabinet will raise basic wages of state employees by 10% in…
Foreign currency reserves surge to $18.9bn in July
The current foreign reserves, necessary to import staples, primarily wheat, registered $14.9bn…
Finance minister promises no new taxes
Galal announced that no property taxes or income taxes would be modified…
Moody’s downgrades Bank of Alexandria’s rating to B3
Moody’s stated the rating action was driven by the firm’s “view that…
Non-petroleum exports surge in Q2 of 2012/2013
Exports registered EGP 16.3bn in the same period last year.