Egypt to set 2016-17 budget at devalued exchange rate – Reuters
Egypt is preparing its 2016-2017 budget on the basis of an exchange rate of 8.25 Egyptian pounds to the dollar, as…
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Budget
Petroleum firm Beptco boosts FY 2015-16 investments in Egypt by 15%
Egyptian Badr El Din Petroleum Co (BAPETCo) approved its budget for fiscal year 2015-16 after boosting investments…
Egypt’s Nasser Social Bank plans long-term investments worth $766mn
Egypt's Nasser Social Bank is targeting a long-term investments estimated at 6 billion Egyptian pounds (US$766…
Saudi to boost petrol prices by more than 50%
Saudi Arabia said Monday it was raising petrol prices by more than 50 percent for some products from Tuesday as it…
Saudi Arabia set to announce 2016 budget amid oil plunge
Saudi Arabia, seeking to cope with the lowest oil prices in more than a decade, may announce cuts in capital…
Egypt’s budget deficit rose 2.8 % in Q1 of FY2015/2016
Egypt’s total budget deficit rose to register 2.8 percent of the country’s gross domestic product during the first…
Greek parliament approves austere budget for 2016
The Greek parliament approved a 2016 budget featuring sharp cuts in spending and some tax increases to satisfy the…
Final General Budget Account Proposed To President With 11.5% Deficit
The budget deficit for fiscal year (FY) 2014/2015 amounted to approximately 11.5% of the total GDP, said Minister…
Debt limit, budget deals take shape in Congress
U.S. House Speaker John Boehner and other congressional leaders raced to finalize a sweeping two-year budget deal…
Greece to unveil painful 2016 draft budget
Greece will unveil a painful 2016 draft budget on Monday meant to satisfy international creditors, projecting the…