Foreign reserves’ movement defies all expectations
By Mohamed Salah Against all expectations, the Central Bank of Egypt announced…
Chinese steel sparks anxiety among domestic producers
A wave of alert follows the announcement that a Chinese steel freight…
Morsy attacks non-compliant companies
President Mohamed Morsy targeted five companies yesterday, stating that they owe the…
Controversial Indian petrochemicals producer to Inject funds in Port Said
The coming period will witness an increase in the economic and investment…
Turkish loan signals strengthening ties
President Mohamed Morsy signed a $1 billion loan agreement as the first…
Ministry of Transport considers metro fare increase
The Ministry of Transport is studying the feasibility of raising the price…
Islamic finance to the rescue for EGPC
Egyptian General Petroleum Company receives EGP 14 billion to address fiscal crunch