Latest Economy News
Local contractor secures Saudi petrochemical contract
PetroJet wins rights to construct petrochemical lines in Saudi Arabia with $80m…
Cairo Airport to take energy saving measures in June
Ministry of Aviation considers shutting down runways
New $12bn bonds programme announced
The prospectus tasked HSBC Holdings and QNB Global with the rights to…
Finance Ministry official: Bylaws for new sukuk law to be released soon
Ministry to collaborate with public and private institutions to draft law; will…
Suez Advisory group explains resignation
The group of advisors for the Suez Canal development project had resigned…
Investment minister: New chart for Egyptian investment to be launched soon
A new catalogue of investment opportunities across different sectors will be made…
Housing minister: Egypt’s housing crisis is a result of a ‘quantitative deficit’
Minister says subsidies are a ‘right we cannot do away with’
Price of steel set to increase in June
Pound’s devaluation against the dollar driving a rise in raw material prices
Central Bank and Finance Ministry talk taxes
Joint committee by Finance Ministry and Central Bank discuss banks’ concerns over…
NGOs oppose European bank’s plan to fund oil drilling in Egypt
The European Bank for Reconstruction and Development proposes a $40m loan for…
