Business
Egypt to need more financial support: IMF
April 13, 2014
Egypt to need more financial support: IMF
Washington (AFP) - Egypt will need further international assistance to put its economy back on track despite receiving huge loans…
World Bank: Political unrest impedes Egyptian economy growth in 2014 and 2015
April 12, 2014
World Bank: Political unrest impedes Egyptian economy growth in 2014 and 2015
A report from the World Bank, issued in April, expected the economic growth rate in Egypt to rise slightly in…
CAPMAS: Inflation rises to 9.8% in March
April 10, 2014
CAPMAS: Inflation rises to 9.8% in March
Urban Egypt’s annual inflation rate rose to 9.80 percent in March of 2014, compared to 9.76 percent in February of…
Government to allocate 60,000 acres for agricultural investment
April 9, 2014
Government to allocate 60,000 acres for agricultural investment
Minister of Agriculture and Land Reclamation Ayman Abu Hadid has expressed cabinet’s intentions to provide lands for agriculture investment to…
Egyptian banks refuse transfers from Libya and Syria
April 9, 2014
Egyptian banks refuse transfers from Libya and Syria
Egyptian banks are refusing to accept transfers or recognize invoices from clients of Egyptian exporters in Sudan, Libya and Syria. The…
IMF: Egypt Growth rate at 2.3% in 2014
April 8, 2014
IMF: Egypt Growth rate at 2.3% in 2014
Egypt growth in 2014 is expected to be broadly the same as in 2013, says the International Monetary Fund’s latest…
FAO: Wheat production to decline by 2% in 2014
April 8, 2014
FAO: Wheat production to decline by 2% in 2014
The United Nations' Food and Agriculture Organization (FAO) said Tuesday that it expected world wheat production in 2014 to record…
Minister: Improvements on metro’s first line to cost LE2.9 billion
April 8, 2014
Minister: Improvements on metro’s first line to cost LE2.9 billion
Transportation Minister Ibrahim al-Demeiry said on Tuesday that the investment projects on the metro’s first line (Helwan-Marg) will cost up…
New direct flights between Hurghada, German cities
April 8, 2014
New direct flights between Hurghada, German cities
Civil Aviation Minister Hossam Kamal said on Tuesday that Air Cairo will launch new direct flights to a number of…
Hotel occupancy range between 46-52 percent, says tourism official
April 8, 2014
Hotel occupancy range between 46-52 percent, says tourism official
Tourism Minister Deputy Osama al-Ashry, who supervises tourist resorts and hotels sector, said on Tuesday that hotel occupancy at Egyptian…