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Economy

Egypt parliament approves a new civil service law

The Egyptian parliament approved a new civil service law on Monday, deciding to refer it to the State Council to be revised in legislative and constitutional terms

Egyptians in second place among Arab investors in Dubai real estate market

Egyptians registered second place among Arab investors in Dubai’s real estate market with AED 1.37 billion ($370 ...

Egypt govt appeals decision overturning freeze on footballer Abou-Treika's assets

An Egyptian legal body that acts on behalf of the government has appealed a court ruling that overturned a decision to ...

Financial cooperation between Egypt, Spain to reach 300 mln euros: Ministry

Financial cooperation between Egypt and Spain will increase from 175.8 million euros to reach 300 million euros after ...

Egypt's stocks close the week down despite local, Arab purchases

Egypt’s stocks ended the trading week down on Thursday despite Arab and the domestic purchases. The market’s ...

Telecom Egypt in talks with banks over funds for 4G

Telecom Egypt, the country's state-owned landline monopoly, is in talks with banks about a EGP 5 billion loan to acquire ...

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Yields rise at Egypt's Thursday T-bill auction

Yields on Egypt's six-month and one-year treasury bills rose at Thursday's auction, data from the central bank ...

Brexit to drag on global growth through 2017, IMF says

The uncertainty created by Britain's vote to leave the European Union will slow the global economy into next year, ...

'Pokemon Go' doubles Nintendo's stock price and market cap

The stock price of Japanese game maker Nintendo Co. has more than doubled since the launch of the wildly popular augmented ...

No extra tax to be imposed on fuel: Egypt's Cabinet

The new value-added tax (VAT) bill, which has yet to be presented to parliament, does not impose any new VATs on fuel, ...

Five- and 10-year yields rise at Egyptian bond auction

Yields on Egypt's five-year and 10-year bonds rose at an auction on Monday. The average yield on the five-year ...

Yields rise at Egypt T-bill auction

Yields on Egypt's three-month and nine-month treasury bills rose at Sunday's auction, data from the central bank ...

EgyptAir, GE sign TrueChoice agreement for maintenance consulting

EgyptAir has signed a TrueChoice Materials Agreement with General Electric for maintenance, repair and overhaul consulting ...

Half of top emerging markets 'junk' after wave of downgrades: S&P;

Half of the world's top emerging market sovereigns are now rated below investment grade following this year's ...