Feature Egypt targets 4% GDP growth in FY24/25 budget Aya El Sayed Mar 27, 2024 0 Egypt's Finance Minister, Mohamed Maait, unveiled the final key indicators of Egypt’s draft budget for the fiscal…
Money Egypt posts $281.9 mln balance of payments surplus in 9 months Amwal Al Ghad English Jul 26, 2023 0 Egypt’s balance of payments (BoP) achieved an overall surplus of $281.9 million in July-March of the financial year…
Money Egypt’s balance of payments moves into surplus in H1-FY2022/2023: CBE Amwal Al Ghad English May 3, 2023 0 Egypt’s balance of payments swung sharply into surplus driven by improvement in current account deficit and surge…
Feature Egypt increases allocations for healthcare, education sectors in new draft budget Amwal Al Ghad English Apr 14, 2020 0 Egypt's Finance Minister said the financial year 2020/2021 draft budget includes a package of procedures to secure…
Money Egypt H1 of FY20 budget deficit 3.8% of GDP – minister AbdElrhman Frhaat Jan 20, 2020 0 Egypt’s budget deficit in the first half of the financial year was 3.8 percent of gross domestic product (GDP), up…
Tech/AI Egyptian national electricity grid production exceeds 50,000 megawatt Mahmoud Shaaban Aug 1, 2019 0 Egypt has achieved a 25 percent surplus of the capacity of electricity while the production exceeded 50,000…
News China’s first-half pension surplus exceeds $700 bln – official Amwal Al Ghad English Jul 20, 2019 0 China’s state pension fund surplus stood at more than 5 trillion yuan ($726.62 billion) in the first half of 2019,…
Tech/AI Germany tops Japan with world’s largest current account surplus in 2018 Amwal Al Ghad English Feb 19, 2019 0 Germany’s current account surplus shrank but remained by far the world’s largest last year due to strong exports,…
forex news US crude jumps 3.3% to 2-month high on hopes for US-China trade deal Amwal Al Ghad English Jan 19, 2019 0 Oil prices hit a roughly two-month high on Friday, rising with the stock market, on news that China has put forward…
Feature Egypt on track to achieve its financial targets: FinMin Amwal Al Ghad English Nov 24, 2018 0 Egypt’s state revenues grew 35.5 percent in the first quarter of this financial year, putting the government on…