Business

Egypt’s inflation eases slightly in June on food prices

Egypt’s inflation eases slightly in June on food prices

Egyptian inflation in the year to June eased slightly on the back of lower food prices from a year earlier,…
Gulf ‘gifts’ fill budget gap but raise suspicions

Gulf ‘gifts’ fill budget gap but raise suspicions

After turning down loans from the International Monetary Fund and the World Bank, Egypt is now turning to oil-rich Arab…
Egypt urges Egyptian expats to support economy

Egypt urges Egyptian expats to support economy

The Ministry of Foreign Affairs has urged Egyptian citizens abroad to support Egypt's economy through directing investments to development projects.…
Egypt to increase wheat production and begin project with Sudan

Egypt to increase wheat production and begin project with Sudan

Minister of Agriculture and Land Reclamation Ayman Abu Hadid said that wheat production this year reached about 8.5 million tons,…
Official disputes reports of Gulf aid to Egypt

Official disputes reports of Gulf aid to Egypt

An anonymous government official said Egypt has not received the aid packages and loans reportedly agreed upon with Arab countries,…
Official reports: Tahrir clashes less harmful to tourism than sectarian strife

Official reports: Tahrir clashes less harmful to tourism than sectarian strife

Official statistics prove that tourism was less affected by the clashes in Tahrir Square than the sectarian violence that took…
Trade Ministry holds emergency meeting over EU ban on Egyptian seeds

Trade Ministry holds emergency meeting over EU ban on Egyptian seeds

Officials at Egypt's Ministry of Trade and Industry will convene for an urgent meeting on Wednesday to discuss the consequences…
Egypt to build sugar factories in Sudan

Egypt to build sugar factories in Sudan

Egypt will build two sugar factories in Sudan after the two governments approve the mechanism to finance the project, said…
Egypt’s cabinet okays steel licenses to four firms

Egypt’s cabinet okays steel licenses to four firms

Egypt's cabinet granted four companies licenses for steel plants in the country, as the government seeks to boost production and…
Egypt’s debt burden spurs Muslim Brotherhood call for austerity

Egypt’s debt burden spurs Muslim Brotherhood call for austerity

Egypt’s Muslim Brotherhood is campaigning for September’s parliamentary elections on a platform to trim the country’s budget deficit. The group,…
Back to top button