Egyptian economy

Moody’s calls Egypt bonds ‘risky’
Business

Moody’s calls Egypt bonds ‘risky’

The international ratings agency Moody's, in a report released Monday, said that recently issued Egyptian government bonds will carry huge…
CAO sums up govt economic performance (Part I)
Business

CAO sums up govt economic performance (Part I)

In a statement before parliament Sunday, Gawdat el-Malt, head of the state-run Central Auditing Organization (CAO), discussed the government's performance…
Egypt telecom regulator extends bid deadline again
Business

Egypt telecom regulator extends bid deadline again

Egypt's telecom regulator has extended the deadline for bids for two restricted licences to supply cable, voice and internet services…
Inflation falls to 12.8% in February
Business

Inflation falls to 12.8% in February

Egypt's national inflation rate fell from 13.6 percent in January to 12.8 percent in February, according to a report released…
Iron demand low as prices rise
Business

Iron demand low as prices rise

Demand for iron decreased this week after companies increased its price by an average of LE200 per ton. Meanwhile, importers…
Rachid: 2010 to be “hard year” for Egypt economy
Business

Rachid: 2010 to be “hard year” for Egypt economy

In press statements made at the World Economic Forum that gathered in Davos, Switzerland Saturday, Trade and Industry Minister Rachid…
2009 economy overview: Could have been worse
Business

2009 economy overview: Could have been worse

2009 was a brutal economic year for most of the world, with markets in turmoil, mass layoffs and the specter…
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