Israel to vote on sweeping austerity measures
(AFP) - Ministers in Israel’s cabinet were on Monday preparing to vote…
Steel price to be fixed in August to EGP 4,450 per tonne
Since the beginning of this month, international prices for steel have not…
Real estate companies on involuntary Ramadan hiatus
By Hamada Ismail With Ramadan falling during the summer this year, real…
Outgoing Finance Minister blames economic ills on Egyptians
Egypt's Minister of Finance Saeed El-Momtaz denies rumors about remaining in his…
Luxury goods buck economic slowdown
Paris (AFP) — Fuelled by surging demand in China, luxury goods makers…
BP hit with $3.1bn Russian court bill
Moscow (AFP) — A Siberian court on Friday piled more legal pressure…
Cracks deepen in Tunisia’s coalition leadership over resignation
Finance Minister Hussein Dimassi cites Ennahda nepotism as reason for resignation
Summer Ramadan yields adverse impact on banks
By Asmaa Nabil With the arrival of Ramadan during the summer, several…
Iran to cut spending to help sanctions-hit economy
Iran agrees on a budget cut, to overcome the western sanctions.
Banks regain confidence in construction materials market
Banks willing to finance the stagnant construction materials sector