Egypt News Foreign staff in Egypt’s public sector down 20.9% in 2024 – CAPMAS Nada Ali Sep 22, 2025 0 The number of foreign employees in Egypt’s government and public sector fell 20.9 per cent in 2024 to 774, down…
Featured Egypt announces public holiday for Eid al-Fitr from March 29 to April 1 Aya Anwar Mar 24, 2025 0 Egypt's government has announced that the Eid al-Fitr holiday will be an official paid leave from Saturday, 29…
Featured Egypt’s PM ensures stable supply of goods for Ramadan Aya Anwar Feb 6, 2025 0 Egypt’s government is prioritising the availability of staples and price stability during Ramadan, with daily…
Featured Egypt’s medicine stock sufficient for over 3 months – Cabinet Aya Anwar Jan 19, 2025 0 Egypt's government has confirmed that most medicines and medical supplies currently have stock sufficient for over…
Featured Egypt industry: Law to limit industrial land usage to original landowners Aya Anwar Aug 29, 2024 0 Egypt's government is set to initiate new regulations aimed at preventing speculation, trading, and transfer of…
Energy Egypt awards Maridive $17.8 million oil contract Aya Anwar Aug 20, 2024 0 Egypt's government rewards Maridive & Oil Service a one-year contract valued at $17.8 million to provide…
Featured Egypt seeks to boost energy production w/ ExxonMobil Aya Anwar Aug 20, 2024 0 Egypt’s government aims to leverage its successful global partnerships in exploration and production to drive a…
Egypt News Egypt declares 3-day mourning over death of Kuwait’s Emir Sheikh Nawaf Nada Ali Dec 17, 2023 0 Egypt’s government has announced a three-day state mourning on Saturday, following the demise of Emir of Kuwait…
News Egypt to increase minimum wages to $113 per month from January Aya Anwar Dec 12, 2023 0 Egypt’s government will increase the minimum wage to 3500 ($113) Egyptian pounds a month paid by the private…
Featured Egypt’s government to relocate to new capital within a year – minister Amwal Al Ghad English Dec 15, 2019 0 Egyptian government is poised to relocate to the country’s anticipated new administrative capital within a year,…
Money 8 upgraded slums likely to be open in Egypt by 2020 – ISDF’s official Amwal Al Ghad English Jun 19, 2019 0 Egypt's government-led Informal Settlements Development Fund (ISDF) will inaugurate eight slums after a development…
Banks Egypt government spent $5.65bn over-budget in 2016-17 due to currency float Yomna Yasser Nov 4, 2017 0 Egypt’s government spent over 100 billion Egyptian pounds ($5.65 billion) more than it planned to in the 2016-17…
Financial Institutions Egypt government approves Eurobond programme of around $7 billion Yomna Yasser Sep 28, 2017 0 Egypt’s government approved a Eurobond programme worth around $7 billion to be issued during the 2017-2018…
Real Estate ISDF earmarks 84.6 mln pounds to upgrade Egypt’s New Valley slums Yomna Yasser Aug 12, 2017 0 Egypt’s government-led Informal Settlements Development Facility (ISDF) is allocating around 84.6 million Egyptian…
Financial Institutions Largarde praises Egypt’s measures on economic reforms Yomna Yasser Jul 15, 2017 0 The head of the International Monetary Fund (IMF) Christine Lagarde has praised Egypt's reform measures, saying…
Financial Institutions Egypt to borrow 371bn pounds to fund budget deficit within Q1-FY2017/18 Yomna Yasser Jul 2, 2017 0 Egypt's government plans to borrow 371 billion Egyptian pounds to finance the deficit of the country's general…
Industry & Trade Egypt to lower fuel subsidies to 33 bln pounds in 2017/18 draft budget Yomna Yasser May 9, 2017 0 Egypt’s government will reduce spending on fuel subsidies to 33 billion Egyptian pounds in the 2017/18 draft budget…
Industry & Trade Egypt devaluation doubles fuel subsidy bill to 78bn pounds in first 9 months Yomna Yasser May 3, 2017 0 Egypt's government spent 78 billion Egyptian pounds ($4.32 billion) on fuel subsidies in the first nine months of…
Industry & Trade Egypt studies opening negotiations with Israel to drop gas fines Yomna Yasser May 2, 2017 0 Egypt's government is studying offers to open negotiations with Israel again in an attempt to drop the…
Financial Institutions Egypt targets 5.5% growth rate in FY2018/19: deputy FinMin Yomna Yasser Apr 15, 2017 0 Egypt’s government is targeting a growth rate of 4.8 percent for the 2017-18 financial year and 5.5 percent for the…
Industry & Trade Steel giant ArcelorMittal reaches settlement agreement with Egypt Yomna Yasser Nov 13, 2016 0 Egypt’s government has reached a settlement deal with the largest steel producer in the world, ArcelorMittal in…
Real Estate Egypt to spend $37.6 mln on slum development projects in Red Sea Yomna Yasser Sep 14, 2016 0 Egypt’s government is allocating 330 million Egyptian pounds ($37.6 million) for the development of slums in Red…
Financial Institutions Egypt sees eurobond yield at 5.5-6% for Sept/Oct issuance: official Yomna Yasser Aug 21, 2016 0 Egypt expects its eurobond issuance at the end of September or early October to have a yield between 5.5 percent…
Financial Institutions Second annual leasing conference to kick off in Cairo next Oct. 11 Yomna Yasser Aug 2, 2016 0 The second annual leasing conference will kick off next October 11th in Cairo in a bid to stimulate unconventional…
Egypt News Egyptian government hired 52% more foreign employees in 2015 aya salah Jun 28, 2016 0 Egypt's government hired 51.8 percent more foreign employees in 2015 compared to 2014, raising the number of…
Egypt News Egypt’s domestic wheat purchases hit 4.8 mln tonnes Yomna Yasser Jun 11, 2016 0 Egypt's government has bought 4.8 million tonnes of domestic wheat since the start of the season on April 15, the…
Egypt News Egypt begins domestic wheat procurement, expects to buy 4mn tonnes Yomna Yasser Apr 16, 2016 0 Egypt's government has begun Friday procurement of the local harvest of wheat for 3 months, expecting to buy a…
Egypt News Dabaa nuclear plant funding may not be in budget of 15/16 FY aya salah Jun 1, 2015 0 Egypt’s government may not include the cost of its first nuclear power station in the state’s general budget for…
Real Estate Egypt to propose building Tallest Tower during March Summit Yomna Yasser Feb 26, 2015 0 Egypt’s government will present during the economic development conference in March a proposal to build the…
Egypt News Passionate, Violent, Powerful: the Phenomenon of Egypt’s Ultras Salma Ayman Feb 10, 2015 0 In football-crazy Egypt, where major decisions on the sport take place at a cabinet level, rivalling groups of…
Tech news Microsoft Eyes Infrastructure Upgrade to Egypt Education System Noha Gad Dec 18, 2014 0 Microsoft Corporation plans to upgrade and modernise the infrastructure of the educational system in Egypt, General…
Industry & Trade Egyptian Government Executed ‘Courageous’ Fiscal Reforms – Qalaa Yomna Yasser Sep 18, 2014 0 Hisham El-Khazindar, Co-Founder and Managing Director of Qalaa Holdings (formerly Citadel Capital), a leading…
Tech news Egypt Approves Unified Fixed, Mobile Licence for TE Salma Ayman Sep 4, 2014 0 Egypt's government has approved a long-awaited plan to issue a unified landline and mobile licence, opening the way…
Banks World Bank Project to Cut Egypt’s Energy Subsidies by $301.5 million Salma Ayman Jul 26, 2014 0 Egypt's government looks set to save $301.5 million annually in subsidies by connecting 1.5 million households to…
Egypt News Egyptian Commission Wants Amnesty’s Cooperation on Post-30 June “Abuses” Yomna Yasser Jul 9, 2014 0 A commission formed by Egypt's government to look into major bloody events that happened since last summer's…
Egypt News With Less energy subsidies, Egypt new budget awaits Sisi’s Approval Today Yomna Yasser Jun 29, 2014 0 Egypt's government is expected to submit an amended budget for 2014-2015 to President Abdel Fattah al-Sisi within…
Financial Institutions Egypt Projects Higher Growth, Deficit in 2014/15 Budget Salma Ayman May 26, 2014 0 Egypt's government said on Monday it plans to cut petroleum product subsidies in the next fiscal year but still…
Industry & Trade Egypt Cabinet Ratifies AFESD’s $200mn Loan for Walidia Thermal Power Plant Yomna Yasser Apr 29, 2014 0 Egypt’s government endorsed on Tuesday a $200 million loan agreement signed with the Arab Fund for Economic and…
Industry & Trade Egypt’s Handicraft Exports Hit $452 million in Q1 Yomna Yasser Apr 14, 2014 0 Egypt’s exports of handicrafts recorded around $452 million during the first quarter of the current year, up from…
Industry & Trade Egypt Govt Secures 50% Finances for Metro Line 3’s Phase III Yomna Yasser Mar 27, 2014 0 Egypt’s government will contribute by 50% of total financing for the 3rd phase of the third metro line project,…