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…
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Egypt’s Government
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…
Egypt devaluation doubles fuel subsidy bill to 78bn pounds in first 9 months
Egypt's government spent 78 billion Egyptian pounds ($4.32 billion) on fuel subsidies in the first nine months of…
Egypt studies opening negotiations with Israel to drop gas fines
Egypt's government is studying offers to open negotiations with Israel again in an attempt to drop the…
Egypt targets 5.5% growth rate in FY2018/19: deputy FinMin
Egypt’s government is targeting a growth rate of 4.8 percent for the 2017-18 financial year and 5.5 percent for the…
Steel giant ArcelorMittal reaches settlement agreement with Egypt
Egypt’s government has reached a settlement deal with the largest steel producer in the world, ArcelorMittal in…
Egypt to spend $37.6 mln on slum development projects in Red Sea
Egypt’s government is allocating 330 million Egyptian pounds ($37.6 million) for the development of slums in Red…
Egypt sees eurobond yield at 5.5-6% for Sept/Oct issuance: official
Egypt expects its eurobond issuance at the end of September or early October to have a yield between 5.5 percent…
Second annual leasing conference to kick off in Cairo next Oct. 11
The second annual leasing conference will kick off next October 11th in Cairo in a bid to stimulate unconventional…
