Egypt eyes 5.8% GDP growth in FY2018/19 budgeting: PM Ismail
Egypt’s Cabinet approved this week the state’s budget for the 2018/2019 financial year, which aims to reach a GDP…
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Egypt’s government approves FY2018/19 budgeting, eyes 5.8% GDP growth
The Egyptian government has approved the budget for financial year 2018/2019, aiming at GDP growth of 5.8…
State-owned Suez Canal Bank’s net profit rises 69.5% in 2017
Egypt's state-run Suez Canal Bank reported Monday a 69.5 percent increase in its net profit to reach 356 million…
Egypt’s Sisi tells govt to continue economic reforms, increase public expenditure
Egypt's President Abdel Fattah al-Sisi urged the government on Saturday to push ahead with the country’s economic…
Egypt’s Finance Ministry dismisses reports of exchange rate 17.5 pounds to 1 USD
Sources at the Egyptian Ministry of Finance denied that the government has fixed the exchange rate for EGP to USD…
Egypt’s fuel subsidies increase 34% in H1 of FY2017/18: minister
Egypt’s fuel subsidies jumped by 34 percent to 51 billion Egyptian pounds ($2.9 billion) from during the fist half…
Egypt’s foreign debt rose to $80.8 bln in Q1-FY2017/18: c.bank
The Central Bank of Egypt (CBE) revealed Wednesday that the country's foreign debt jumped to $80.8 billion during…
Social Housing Fund negotiating with Egypt’s government to provide new capital’s lands
Egypt’s Social Housing Fund (SHF) is negotiating with the country’s New Administrative Capital Company for Urban…
Egypt’s tax revenues rise 62% in H1 of FY2017/18
Egypt’s total tax revenues surged by 62 percent to 249 billion pounds during the first half of financial year…
Finance Minister approves 3.7 bln Egyptian pounds in allocations for Dec.
Egypt's Minister of Finance Amr el-Garhy approved 3.7 billion Egyptian pounds ($209 million) in additional…