Morsi raises customs tariffs on luxury goods
40% rate applied on goods including sunglasses, watches, nuts, boats and videogames
Al-Beltagi: Real risk to Egypt’s economy is exodus of investors
Sukuk to be used as source of funding for development projects, he…
Balance of payments deficit drops 93% in 2012-13
The Central Bank of Egypt cited increased remittances from Egyptians working abroad…
Fitch expects delay in IMF deal
The global credit rating agency announced today that it expects a delay…
Finance minister invites British investors to participate in PPP projects
‘World Finance’ awards Egypt ‘Best Water Project, Middle East & Africa’ award
EFG Hermes: Egypt’s economy will grow 3.5% in 2013
The acceptance of Egypt’s pending IMF loan will have a positive effect…
Foreign investment in Iraq finally building momentum
Investors say Iraq has become safer for their money.
Egypt unlikely to hit 2012 investment target
By David French / Reuters ABU DHABI: Egypt is unlikely to lure the…