Economy

Minister of Finance Amr al-Garhy expects inflation rates to decline later this year, in November and December, adding that the…

The government is considering increasing subsidies on ration cards by 29 percent to LE27 (US$1.5) a month in the next…

CityScape's annual real estate conference kicked off on Wednesday under the title "The Roadmap toward Innovation". The conference will be held…

The European Investment Bank has offered US$500 million to finance the development of the first Cairo Metro line, which extends…

The economic picture for Egypt is improving, ratings agency Moody's said on Wednesday, but a public backlash will likely lead…

The flotation of the Egyptian pound augmented air carrier EgyptAir's already significant losses to more than LE15 billion, said Civil…

A source with the Electric Utility and Consumer Protection Regulatory Agency announced that the agency has finalized proposals on a…

Amazon has had its eye on the Middle East for some time. Now it's finally made a move. It has…

Supermarket Tesco has agreed to a fine and compensation costs totalling £214 million ($268 million, 247 million euros) after an…

Sahar Nasr, Minister of International Cooperation, announced that the government is continuing its negotiations with the G-8 countries to fulfill…