Featured Egypt’s tax revenues surpass 38% growth rate Aya El Sayed Apr 1, 2024 0 Egypt's Minister of Finance, Mohamed Maait, announced on Monday that Egypt saw a growth in tax revenues of 38 per…
Egypt News Egypt to see higher rise in budget deficit than previously expected: Deputy finance… aya salah Jan 31, 2018 0 Egypt’s fiscal year 2017/18 budget deficit is expected to record 9.4 percent of GDP, up from a projected 9.1…
Tech news Vodafone achieves H1 pre-tax profit of €214 million in Egypt aya salah Nov 16, 2017 0 Vodafone, the world’s second biggest mobile operator, says pre-tax profits in Egypt have reached 4 billion Egyptian…
Egypt News Budget deficit hit 5% in H1 of FY 2016/2017 – FinMin Noha Gad Jan 12, 2017 0 Egypt’s budget deficit declined to 5% in the first half of the FY 2016/2017, down from 6.2 per cent in the same…
Industry & Trade Khalda Petroleum cuts cost of oil produced from Apache concession to $4.5/barrel Noha Gad Dec 6, 2016 0 Khalda Petroleum Company has reduced the cost of oil produced from the Apache concession area in the western desert…
Industry & Trade Shell lowers investments in Egypt’s Borollos, Rasheed concessions to $159m Noha Gad Oct 9, 2016 0 Royal Dutch Shell reduced its investments for the current fiscal year (FY) in Borollos and Rasheed concessions to…
Industry & Trade Oil subsidies spending drop 23%, hit $6bn in FY2015-16: Egypt’s EGPC Noha Gad Aug 15, 2016 0 The total volume of spending on Egypt's oil subsidies dropped 23 percent in financial year 2015-16, Chairman of…
Real Estate Egypt will invite bidders to develop 40 life-endangered slums in FY 2016/2017 aya salah Jun 16, 2016 0 Egypt’s Informal Settlements Development Fund (ISDF) is set to put out developing 40 risky slums to tender for the…
Industry & Trade Total executed investments in Egypt reach $19bn in H1 2016 Noha Gad May 28, 2016 0 The volume of total executed investments in Egypt hit around 172 billion Egyptian pounds (US$19 billion) during the…
Real Estate Egypt to build 150,000 affordable homes in FY2016-17: Minister aya salah Feb 8, 2016 0 Egypt’s Ministry of Housing is set to increase the number of affordable homes to 400,000 by implementing additional…