SWEIMEH: Egyptian Prime Minister Ahmed Nazif said on Friday he expected inflation in Egypt to fall to single digit levels in the summer.
Inflation fell to 11.7 percent in the year to April from 12.1 percent in March, having exceeded 20 percent (...)
DUBAI: The United Arab Emirates central bank said on Thursday it was working with the finance ministry to find a way to reduce interest rates charged by banks on corporate deposits, which have been rising in recent months.
Central bank governor (...)
DUBAI: Egypt expects to earn at least LE 30 billion ($5.25 billion) in the next two fiscal years from the sale of state assets, about 50 percent more than in the last two years, the investment minister said on Monday. Egypt should conclude up to 30 (...)
