Egypt’s annual urban consumer price inflation rises 16% in Sept.
Egypt's annual urban consumer price inflation rose to 16 percent in September from 14.24 percent in August, the…
Browsing Tag
budget deficit
Euro crawls up from six-week lows on Italy budget speculation
Euro pulled ahead from a six-week low on Wednesday after a report that Italy plans to reduce its budget deficit in…
Dollar prices jump on euro woes, Fed rate outlook
Dollar prices climbed to a two-week peak versus a currency basket on Friday, as concerns about the Italian budget…
European markets close lower amid political turmoil; Italy’s FTSE MIB down 3%
European markets were hit hard on Friday, as investors reacted to political turmoil in Europe and overseas.
Egypt seeks narrower budget deficit of 8.4% in FY2018/19 – minister
Egypt is targeting a budget deficit of 8.4 percent of GDP for the 2018-19 financial year that ends in June, down…
IPOs for state-run firms to energise Egypt’s stock market: PM
Egypt's Prime Minister Moustafa Madbouly on Monday said the government's IPO programme to float shares in a number…
CBE bank to issue 17.25bn Egyptian pounds T-bills Thursday
The Central Bank of Egypt (CBE) will issue 17.25 billion pounds in treasury bills (T-bills) on Thursday on behalf…
Egypt’s foreign direct investment falls 20% in Q2-FY2017/18: CBE
Foreign direct investment (FDI) to Egypt has declined to $1.9 billion in the second quarter of financial year…
Central Bank of Egypt issues 15 bln pounds treasury bills Thursday
The Central Bank of Egypt (CBE) issued treasury bills (T-bills) worth 15 billion pounds on Thursday in…
Egypt to see higher rise in budget deficit than previously expected: Deputy finance…
Egypt’s fiscal year 2017/18 budget deficit is expected to record 9.4 percent of GDP, up from a projected 9.1…