Egypt News Egypt narrows budget deficit to EGP 505b in FY23/24 Nada Ali Jul 17, 2024 0 Egypt's total budget deficit for fiscal year 2023/24 decreased to 505 billion Egyptian pounds ($10.5 billion).
Energy Who leads economic portfolios in Egypt’s new Cabinet? Yomna Yasser Jul 3, 2024 0 Egyptian President Abdel Fattah al-Sisi swore in new ministers on Wednesday as Prime Minister Moustafa Madbouly…
Featured Egypt targets deficit below 6% in FY2022/23 – official Amwal Al Ghad English Dec 14, 2021 0 Egypt is targeting cutting its overall budget deficit to just below 6 percent in the coming financial year starting…
Featured Egypt eyes more green bonds one year after a $750 million sale – official Amwal Al Ghad English Sep 9, 2021 0 Egypt is seeking to increase the number and frequency of its issuances of green bonds following a successful $750…
Featured Egypt registers primary surplus of EGP 5.2 billion in Q1-2020-21 Amwal Al Ghad English Dec 15, 2020 0 Egypt registered a primary budget surplus of 5.2 billion Egyptian pounds ($331 million) in the first quarter of its…
Money Egypt’s tax revenues from non-sovereign bodies increase to EGP 412bn Amwal Al Ghad English Jun 10, 2020 0 Egypt's tax revenues from non-sovereign entities increased to 412 billion Egyptian pounds during the first half of…
Financial Institutions Egypt’s short-term dollar debt drops to $14bn at 2018-end Amwal Al Ghad English Feb 3, 2019 0 Egypt’s short-term dollar-denominated debt fell $3.25 billion to about $14 billion at the end of 2018, the deputy…
Financial Institutions Foreign holdings of Egypt treasuries hit $14 bln at end-Sept Amwal Al Ghad English Oct 11, 2018 0 Foreign holdings of Egyptian treasuries reached $14 billion at the end of September, Deputy Finance Minister Ahmed…
Financial Institutions Foreign investment in Egypt’s debt at $17.5 bln since pound float – finance minister Ahmed El Demerdash Jul 26, 2018 0 Egypt’s Finance Minister Mohamed Maait said foreign inflows in the government securities reached $17.5 billion…
Industry & Trade Finance ministry seeks to issue USD 4 billion Euro bonds next financial year aya salah Feb 18, 2018 0 The Egyptian government seeks to issue new USD 3-4 billion Euro bonds in the financial year 2018-2019, Deputy…