Business

Bread subsidies have cost LE16 billion during the current fiscal year 2012/13, the presidency said in a report Wednesday. A…

 

Barclays Bank Egypt is considering introducing some Islamic banking services in the local market in the near future, capitalizing on…

The Finance Ministry is in talks with the Kuwaiti Ministry of Finance and a number of investors in the hope…

Egypt's central bank is comfortable with the current value of the Egyptian pound and is not targeting any particular rate…

Officials tried to assure foreign and domestic investors that the local climate for business is safe and friendly on Tuesday,…

After receiving some substantial financial aid from the Turkish government, Egypt is increasingly turning to its Anatolian neighbor for much-sought…

The Central Bank of Egypt has received several requests from foreign banks to buy out BNP Paribas and French Societe…

Egypt's foreign reserves fell by US$84 million in September, but held above $15 billion for a third straight month after…

Sources at the Petroleum Ministry expect that President Mohamed Morsy would lift subsidies on 95 octane fuel within days. On…