by Ahmad Al-Ghamrawi | Jun 30, 2017 | Business
Cairo – As part of a plan to cut the budget deficit and commit to the economic reform to help meet the terms of a $12 billion IMF loan deal, the Egyptian government has decided to raise fuel prices two days before the beginning of the new budget. The price of...
by Ahmad Al-Ghamrawi | Jun 2, 2017 | Business
Cairo, Khartoum – Most officials in the Egyptian administration have remained silent on Sudan’s recent decision to ban the import of Egyptian agricultural and animal products, and the economic losses it caused. But an Egyptian official at one of the country’s...
by Ahmad Al-Ghamrawi | May 30, 2017 | Business
Cairo – Germany, the strongest economy in the European Union after Brexit and France’s strong partner, appears to be in the process of restructuring its trade and economic relations for the next phase. This comes after the British Brexit vote last year and US...
by Ahmad Al-Ghamrawi | Apr 17, 2017 | Business
Cairo – Experts and observers expect the biggest economies of the world to see an escalating, or at least a stable, growth in 2017. The tough economic situation that dominated the world over the past six years is about to end, and more recovery and prosperity...
by Ahmad Al-Ghamrawi | Apr 11, 2017 | Business
Cairo – Amid the tough times Britain has to face, British Broadcasting Company (BBC) published secret recording that implicates the Bank of England (BoE) in Libor rigging. The recordings date back to 2008 and show that the central bank pressured commercial banks...