Latest Economy News
Egyptian businessmen create economic rescue fund
Fund set up to commemorate Morsi’s ouster, help finance country’s ailing economy
Banks lower interest rates 1% on Treasury bills
Central Bank releases bids for new bills worth upwards of EGP 7bn,…
Goods transport running as normal: supply ministry
Families consisting of five or more individuals would obtain one and a…
Fitch cuts Egypt’s credit ratings from B to B-
The global rating firm could further downgrade Egypt’s credit rating, as outlook…
Investing in clean coal
Outgoing environment minister: New technology for clean coal will be presented to…
Mohamed Elnawawy: “Mutual reciprocity” is the theme of negotiations
Elnawawy stated: “Egypt’s mobile service providers borrow and use Telecom Egypt’s infrastructure…
Banks close early ahead of ultimatum
The Central Bank of Egypt orders banks to close early before army’s…
Egypt’s benchmark index falls 0.32% after Morsi’s speech
Meanwhile, EGX 70 index, tracking small and medium sized companies increased to…
Jumia Egypt “Arab Internet Pioneer” in Egypt for 2012
The awards were designed to recognize and reward companies who have demonstrated…