Latest Economy News
Domestic debts rise an alarming 27% in Q3 2012/2013
Debt has risen unprecedentedly since March 2012, reaching EGP 1.089tn, or 80%…
Mona Makram Ebeid: IMF representatives reinforce the need to build a new strong economy within Egypt
IMF officials reinforced the need to encourage the growth of a strong…
Costs of future government borrowing bogged down by uncertainty
Return rates on government debt tools have been steadily increasing since former…
Following Morsi’s ouster, Qatar’s support to Egypt in question
Sherif Sami, a member of the General Authority of Investments, stated that…
Kuwait delivers free fuel to Egypt: report
Two tankers, one carrying around 100,000 tonnes of diesel and the other…
Analysts debate conversion of gulf lifelines to bonds
Meanwhile, former finance minister Momtaz El Saeed said that a conversion is…
Fitch Group’s new credit downgrade of Egypt does not take into account recent aid received from the Gulf
The analysts stated that the recent downgrade would not have a large…
Conflicting Reports regarding Egypt’s wheat supply
Former members of Morsi’s government claim the country will need to import…
