Egypt News Draft Budget Reduces Deficit To 7.9% of GDP Administrator May 15, 2012 0 Egypt’s draft budget for the fiscal year that starts in July forecasts reducing the budget deficit to 7.9 percent…
Banks Fayza Aboulnaga: Saudi Arabia To Aid Egypt Administrator May 5, 2012 0 Saudi Arabia “will start implementing” a financial aid package to Egypt this month with a $1 billion deposit in the…
Financial Institutions Saudi Arabia May Buy Egyptian T-Bills Administrator Apr 21, 2012 0 Saudi Arabia will provide Egypt with an aid package that may include a three-year deposit or the purchase of…
Banks Foreign Reserves Drops to $15.1 Bln in March Administrator Apr 3, 2012 0 Net international reserves fell to $15.1 billion at the end of March, the 15th consecutive monthly fall, Central…