Latest Business News
Financial community pessimistic
By Mahmoud Kasas Experts in finance and investment banking agreed that the…
Delay of IMF deal presages economic deterioration
Anxiety due to possible downgrading of Egypt’s credit rating and the collapse…
Egypt Railways seeks EGP 320 million to fund new development project
Three new companies have been created for the purpose of improving service…
Tourism officials react furiously to new tax hikes
Wines and spirits make up 20 per cent of the industry’s revenue
Developers demand balanced land contracts
Real estate investors are drawing up plans to create more balanced land…
November inflation rate lowest in seven years
Economic slowdown and low purchasing power curbed price increase
CBE: Liquidity rises to EGP 1.12 trillion
Domestic liquidity rose by EGP 29.9 billion at the end September 2012