Egypt’s Govt to Borrow EGP6 Billion from Banks Tomorrow
Egyptian Government will borrow EGP6 billion tomorrow from the banks operating in the market in the form of…
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finance ministry
Finance Ministry Replaces Over 42,000 Taxis In Three Phases
The Ministry of Finance has renewed 42,300 taxis over three stages of funding, with ministry sources saying that…
Government Prepares New Economic Stimulus Package: Finance Ministry
Egypt’s government is currently working on the launch of a new economic stimulus package to boost the sectors that…
Talks On Applying VAT Ongoing: Finance Ministry
A source within the Ministry of Finance has said the draft law on value added tax (VAT) is still under discussion,…
Tax Law Rise has not Discussed by Egyptian NTRA Till Now
An official source in National Telecommunication Regulatory Authority (NTRA) revealed that the new tax law for…
Egypt’s Deficit Hits 9.3% of GDP in First 11 Months of Current FY
Egypt's budget deficit reached 9.3 percent of its gross domestic product (GDP) in the first eleven months of the…
UPDATE: Egypt’s Sisi Approves Revised Budget with Deficit at 10% of GDP
Egypt's President Abdel Fattah al-Sisi approved a revised and tightened budget for the 2014/15 fiscal year, the…
IDWBE Eyes SMEs Portfolio Hike to EGP750mn by 2014-End
Industrial Development and Workers Bank of Egypt (IDWBE) eyes recording EGP750 million finance for Small and medium…
C.Bank Sells EGP5.5bln T-Bills Today
On behalf of the Egyptian Finance Ministry, Central bank succeeded today in selling 91-and -273day with…
SFD, Finance Ministry, CBE Review New Regulations to Stimulate SMEs
Social Fund for Development (SFD) will meet Finance Ministry and Central Bank of Egypt (CBE) within the next month…