Arab world’s energy subsidy bill shrinks to $98 billion in 2017: AMF
Spending on energy subsidies in the Arab world has dropped to around $98 billion in 2017 from $117 billion in 2015,…
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IMF’s Lagarde urges no more use of energy subsidies, Egypt made a progress
International Monetary Fund (IMF) Managing Director Christine Lagarde has reiterated Saturday her call for removing…
IMF’s Lagarde urges no more use of energy subsidies, Egypt made a progress
International Monetary Fund (IMF) Managing Director Christine Lagarde has reiterated Saturday her call for removing…
Cabinet dismisses rumours of new fuel-price hikes in Egypt
The Egyptian Cabinet has dismissed "rumours" of new price hikes for fuel and petroleum products. The Cabinet's…
Egypt selects 5 banks to arrange next Eurobonds issuance
Egypt selected five banks to arrange its next dollar-denominated Eurobond issuance, Finance Minister Amr el-Garhy…
IMF: Egypt economic outlook is ‘favourable,’ urges continued reform efforts
The International Monetary Fund (IMF) has hailed on Wednesday Egypt’s economic reforms, which it said have curbed…
10.9% drop in Egypt’s FY2016/17 budget deficit
Egypt's budget deficit fell by 10.9 percent during the financial year year 2016/2017 from 12.5 percent during the…
Egypt’s FinMin: No fuel price hikes before July 2018
The government has no intention to raise fuel prices again for the current financial year 2017/2018, Egyptian…
Egypt petrol subsidy bill drops 29% in FY2015-2016
Egypt's spending on petroleum subsidies fell by 28.7 percent in the 2015-16 financial year to compared to one year…
Egypt’s 2014 in Review: 20 Political and Economic Milestones
2014 was as rich in political and economic milestones changes for Egypt, Amwal Al Ghad English demonstrates top 20…