Investment minister aims for 7% growth in two years
Following the revolution, the Egyptian economy registered lower growth rates compared to…
Foreign direct investment dries up
Investors report that it can take several weeks for legitimate transfers to…
Egypt Africa’s second most attractive country for FDI
A report by Ernest & Young states Egypt receives about 10.5% of…
Government pursues foreign aid
Qatar, Turkey and Saudi Arabia prominent nations for giving Egypt financial aid,…
Morsi raises customs tariffs on luxury goods
40% rate applied on goods including sunglasses, watches, nuts, boats and videogames
Al-Beltagi: Real risk to Egypt’s economy is exodus of investors
Sukuk to be used as source of funding for development projects, he…
Balance of payments deficit drops 93% in 2012-13
The Central Bank of Egypt cited increased remittances from Egyptians working abroad…
Fitch expects delay in IMF deal
The global credit rating agency announced today that it expects a delay…