Egypt Stocks Lose EGP4.8 billion on Tuesday
Egypt's stocks closed lower on Tuesday incurring losses totalling 4.8 billion Egyptian pounds driven by local…
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Egypt’s budget
Egypt’s Sisi Stalls FY2014/15 State Budget over Domestic Debt Concerns
Egypt's newly-elected President Abdel-Fattah al-Sisi announced on Tuesday that he was not able to ratify the…
Capital Gains Tax ‘Pivotal’ to Egypt’s Budget; Says Investment Minister
The capital gains tax on the stock market is pivotal to finance Egypt's budget, said the newly-appointed Investment…
Social Security Network Captures 37% of Egypt’s Budget – Official
In Egypt, the public spending on social security network accounts for 37% of the state's budget, said Ahmed…
Egypt’s Central Bank Governor Flies to Abu Dhabi
The governor of Egypt's central bank, Hisham Ramez, flew to Abu Dhabi on Sunday, officials at Cairo airport said,…
Egypt’s Economic Reform Plan Requires Upper House Approval
The Egyptian government will not amend the economic reform plan submitted to the International Monetary Fund (IMF),…
Egypt Eyes 5.5% Budget Deficit In 2016-17 – Fin Min
Egypt hopes to lower its budget deficit to 5.5 percent in the 2016-1017 fiscal year from 10.7 percent in 2012/13,…
Egypt’s Budget Deficit Widens To EGP 175.9 Bln In Nine Months
Egypt’s budget deficit has widened to EGP 175.9 billion in nine months since the start of the new fiscal year,…
Egypt’s Budget Deficit Expected To Reach EGP 188 Bln In FY 2012/13
The Egyptian Minister of Finance El-Morsi El-Sayed Hegazy announced that the state's budget deficit is expected to…
Egypt’s Balance Of Payments Deficit Narrows In 2012/2013
Egypt's balance of payments deficit dropped to $551.5 million in the second half of 2012 from an $8 billion deficit…