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…