The Central Bank of Egypt’s recent decision to maintain key interest rates and raise the reserve ratio is part of a strategy to lower inflation and support growth.
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Egyptian factories making nitrogen fertilisers will soon have to pay more for their energy, passing on additional costs to customers.
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The government has intervened to control the rise in rice prices.
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As winter approaches, tour operators are training their sights on Europe which faces the prospect of colder conditions than usual given the ongoing energy crisis sparked by the Russian-Ukrainian war
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The government has increased the value of ration cards in a bid to help vulnerable families.
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With production targets restricted for another year, experts say Egypt’s cement exports should be increased in order to resolve issues of oversupply, reports Safeya Mounir
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The government has launched a further set of measures to help vulnerable families face up to increasing economic challenges.
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Egypt’s real-estate sector boomed in the first half of 2022, but experts are not painting a rosy picture for the rest of the year, reports Safeya Mounir
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Egypt’s external debt has reached new highs, but experts remain confident it is at sustainable levels.
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Egypt’s stock market dipped into the red during the first half of 2022.
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The government should slow the pace of its exit from some economic sectors while creating more room for the private sector, former minister of supply Gouda Abdel-Khalek tells Safeya Mounir.
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Egypt’s real estate developers will soon have to deal with a new set of rules with the aim of protecting consumers.
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The time is ripe for the government to limit its presence in some sectors of the economy, economist Hany Tawfik tells Safeya Mounir
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While food items are available in abundant quantities, stocks are running low on imported finished goods.
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The recent deal between Banque Misr and Banque du Caire is a step towards putting the latter up for sale in an IPO, experts tell Safeya Mounir
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Egypt is receiving applications for the Hajj after Saudi Arabia announced it will host a million pilgrims following a two-year hiatus.
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New deposit certificates offering an 18 per cent interest rate have seen a huge public turnout.
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Egypt is launching a set of promotional campaigns in different tourism markets to make up for the loss of Russian and Ukrainian visitors.
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Thanks to Egypt’s strategic reserves, the international hike in corn prices will not affect the country in the short term.
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The Ukraine-Russia conflict has dealt Egypt’s tourism sector another heavy blow, reports Safeya Mounir
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