Egypt records highest primary surplus in 5m
Egypt achieved a primary surplus of approximately 170 billion Egyptian pounds during the first five months of the…
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fiscal year
Egypt’s tax revenues surpass 38% growth rate
Egypt's Minister of Finance, Mohamed Maait, announced on Monday that Egypt saw a growth in tax revenues of 38 per…
Egypt to see higher rise in budget deficit than previously expected: Deputy finance…
Egypt’s fiscal year 2017/18 budget deficit is expected to record 9.4 percent of GDP, up from a projected 9.1…
Vodafone achieves H1 pre-tax profit of €214 million in Egypt
Vodafone, the world’s second biggest mobile operator, says pre-tax profits in Egypt have reached 4 billion Egyptian…
Budget deficit hit 5% in H1 of FY 2016/2017 – FinMin
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…
Khalda Petroleum cuts cost of oil produced from Apache concession to $4.5/barrel
Khalda Petroleum Company has reduced the cost of oil produced from the Apache concession area in the western desert…
Shell lowers investments in Egypt’s Borollos, Rasheed concessions to $159m
Royal Dutch Shell reduced its investments for the current fiscal year (FY) in Borollos and Rasheed concessions to…
Oil subsidies spending drop 23%, hit $6bn in FY2015-16: Egypt’s EGPC
The total volume of spending on Egypt's oil subsidies dropped 23 percent in financial year 2015-16, Chairman of…
Egypt will invite bidders to develop 40 life-endangered slums in FY 2016/2017
Egypt’s Informal Settlements Development Fund (ISDF) is set to put out developing 40 risky slums to tender for the…
Total executed investments in Egypt reach $19bn in H1 2016
The volume of total executed investments in Egypt hit around 172 billion Egyptian pounds (US$19 billion) during the…
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