The Egyptian pound has continued its decline against the U.S. dollar in last week's trading, dropping 0.2 percent on the previous week, registering 5.994 EGP to the dollar, according to the Information and Decision Support Center's weekly (...)
CAIRO: Gold prices dropped 7.7 percent in the Egyptian market during October, compared with September. Comparatively, prices are 9.28 percent above October 2010.
The economic and social indicators report issued by the cabinet information centre (...)
There has been a slowdown of private consumption in Egypt at a rate of 4.1 percent annually during the first, second and third quarter of the fiscal year 2010-2011 after recording an increase of 4.44 percent in the first and second quarter of the (...)
The value of the Egyptian Pound (EGP) rose against major currencies last week, according to the Center for Information and Decision Support weekly support issued on Friday.
The EGP rose 0.1 percent against the U.S. dollar with the dollar costing (...)
Continuing deterioration of Egypt's economic situation was the primary motivation behind the country's January 25 Revolution, according to 53 percent of Arab citizens surveyed. Nineteen percent believed political reform was the motivation for the (...)
CAIRO: Egyptian Minister of Finance Samir Radwan responded to demands of tax authority employees by issuing bonuses to tax collectors. This will achieve the highest rates of collection in the tax authority's history despite the revolution and the (...)
CAIRO: Egypt's Ministry of Finance will increase the tax on cigarettes over the next five years as part of a series of measures to achieve financial stability and sustainability in the country after its recent overthrow of a 30-year regime and (...)
CAIRO: The head of the information center, Hany Mahmoud, said the latest opinion poll for the Information Centre revealed 40 percent of Egyptian households have at least one person looking for work.
Mahmoud said to Youm7 relying on private (...)
On Sunday the Egyptian Minister of Finance, Samir Radwan, reached a final agreement with the International Monetary Fund (IMF) to borrow $3 billion at 1.5 percent interest rate. The repayment will start after three years and three months, and the (...)