Latest Economy News
Potential economic ministers in Egypt’s interim government
Egypt’s ailing economy a deciding factor in shaping interim government, led by…
Assets of Brotherhood leaders blocked
New bourse head says number of individuals subject to blocked accounts on…
Domestic debts rise an alarming 27% in Q3 2012/2013
Debt has risen unprecedentedly since March 2012, reaching EGP 1.089tn, or 80%…
HSBC cut down SMEs service
The bank sent a letter to some of its SMEs business customers…
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…
Gulf aids bolsters value of local currency
The index of the US dollar internationally declined 1.5%.
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…