Egypt declares 3-day mourning over death of Kuwait’s Emir Sheikh Nawaf
Egypt’s government has announced a three-day state mourning on Saturday, following the demise of Emir of Kuwait…
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Egypt’s Government
Egypt to increase minimum wages to $113 per month from January
Egypt’s government will increase the minimum wage to 3500 ($113) Egyptian pounds a month paid by the private…
Egypt’s government to relocate to new capital within a year – minister
Egyptian government is poised to relocate to the country’s anticipated new administrative capital within a year,…
8 upgraded slums likely to be open in Egypt by 2020 – ISDF’s official
Egypt's government-led Informal Settlements Development Fund (ISDF) will inaugurate eight slums after a development…
Egypt government spent $5.65bn over-budget in 2016-17 due to currency float
Egypt’s government spent over 100 billion Egyptian pounds ($5.65 billion) more than it planned to in the 2016-17…
Egypt government approves Eurobond programme of around $7 billion
Egypt’s government approved a Eurobond programme worth around $7 billion to be issued during the 2017-2018…
ISDF earmarks 84.6 mln pounds to upgrade Egypt’s New Valley slums
Egypt’s government-led Informal Settlements Development Facility (ISDF) is allocating around 84.6 million Egyptian…
Largarde praises Egypt’s measures on economic reforms
The head of the International Monetary Fund (IMF) Christine Lagarde has praised Egypt's reform measures, saying…
Egypt to borrow 371bn pounds to fund budget deficit within Q1-FY2017/18
Egypt's government plans to borrow 371 billion Egyptian pounds to finance the deficit of the country's general…
Egypt to lower fuel subsidies to 33 bln pounds in 2017/18 draft budget
Egypt’s government will reduce spending on fuel subsidies to 33 billion Egyptian pounds in the 2017/18 draft budget…
