Banks Egypt Plans to Auction $9 billion T-bonds in August Yomna Yasser Jul 31, 2014 0 Within this August, Egypt's Finance Ministry plans to launch debt instruments totalling 64.5 billion Egyptian…
Financial Institutions Fitch Says Egypt’s Fuel Price Hikes Positive for Credit Profile Yomna Yasser Jul 8, 2014 0 Recently announced fuel price hikes are an important step toward reducing subsidies that contribute to Egypt's…
Industry & Trade Eastern Tobacco Announces Cigarette Price Increases amid Egypt New Tax Yomna Yasser Jul 7, 2014 0 Egypt's cigarette monopoly Eastern Tobacco (EAST.CA) announced Monday that it modified cigarettes prices for local…
Industry & Trade Egypt’s Sawiris Calls to Cut Energy-intensive Industries’ Subsidies Yomna Yasser Jul 6, 2014 0 Egyptian business tycoon Naguib Sawiris has commended Sunday the government's decision to raise fuel and…
Financial Institutions Egypt Government to Borrow EGP5.5 billion Tomorrow Yomna Yasser Jul 5, 2014 0 Egyptian Ministry of Finance is set to launch new short term Treasury bills (T-bills) worth 5.5 billion Egyptian…
Financial Institutions Egypt’s Deficit Hits 9.3% of GDP in First 11 Months of Current FY Salma Ayman Jul 5, 2014 0 Egypt's budget deficit reached 9.3 percent of its gross domestic product (GDP) in the first eleven months of the…
Egypt News Egypt Sees 10% Budget Deficit for Coming Fiscal Year – Minister Yomna Yasser Jun 25, 2014 0 Egypt's finance minister said on Tuesday he expects the new budget deficit to stand at 10 % in the coming fiscal…
Egypt News Preparing Egyptians for Painful Economic Austerity, Sisi Cuts Own Pay Yomna Yasser Jun 24, 2014 0 Egypt's new president Abdel Fattah al-Sisi pledged on Tuesday to give up half his salary and property and called on…
EGX Egypt Approves 10% Capital Gains Tax on EGX Profits, Dividends, Bonus Shares Yomna Yasser May 31, 2014 0 Egypt, which is struggling to cut the Middle East’s highest budget deficit, has approved the introduction of a 10%…
Financial Institutions CBE to Auction T-bills worth 5.5 billion Pounds Tomorrow Yomna Yasser May 31, 2014 0 On behalf of the Egyptian Finance Ministry, the Central Bank of Egypt will be offering tomorrow 91 and 266-day…