Latest Business News
Egypt imports 230,000 tons of wheat from Russia, Ukraine and Romania
Minister of Supply says current wheat supply is sufficient until mid-June
96,139 job opportunities generated during the last month: Minister of Industry
Number of applicants fewer than job opportunities provided, executive director of Industrial…
IMF no longer forces ‘structural adjustment’: Lagarde
The crisis lender is sensitive to charges it dictates socially and economically…
Sawiris says ready to invest $1bn-$2bn in Telecom Italia: Paper
Sawiris had unsuccessfully attempted to buy a stake in Telecom Italia in…
EU contributes €57m to improve Egypt’s water systems
Projects are expected to bring water to more than 1.5 million people…
Egypt still in need of financial assistance: International Monetary Fund
Financial aid could come from Gulf countries, the IMF or other financial…
Cairo Festival City’s second phase to cost EGP 4bn
The current estimated cost for the project’s third phase is EGP 8bn
Moody’s downgrades Turkey outlook to ‘negative’
Putting the country’s investment-grade rating at risk
IMF, World Bank push for price on carbon
Warning that time was running out for the planet to avoid worst-case…
World finance chiefs fall short on growth plan
Voicing concern that the Ukraine crisis could hurt the world economy