Egypt’s economic growth rate up to 3.4% in Q1 of 2016/17
Egypt's economic growth rate registered 3.4 percent of the Gross Domestic Product (GDP) in the first quarter of…
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fiscal
Fed policymakers agree Trump fiscal boost poses inflation risk
Almost all Federal Reserve policymakers thought the economy could grow more quickly because of fiscal stimulus…
Egypt’s FDI up 36% in Q1 – CBE
Net foreign direct investments (FDI) in Egypt increased by 36% in the first quarter of the fiscal year 2016-2017,…
BOJ likely to cut inflation forecasts, wary of easing: sources
The Bank of Japan is likely to slightly cut next fiscal year's inflation forecast in a quarterly review, sources…
Egyptian National Cement incurs $13m-losses by end-June
Egypt's National Cement Company (NCC) incurred net losses of 119.9 million Egyptian pounds (US$13.5 million) during…
Cairo Oil: 4.9m tonnes of oil refined in FY2015-16 with $8.8mn
Egypt-based Cairo Oil Refining Company (CORC) has refined around 4.9 million tonnes of oil during financial year…
Holding Land Transport attains revenues of $563mn in Egypt’s FY2015-16
Egyptian Holding Company for Maritime and Land Transport attained revenues estimated at more than 5 billion…
Petrobel hikes gas production to 1bn ft3/d in FY2015-16
Egyptian Balaeim Petroleum Co- Petrobel has succeeded to produce more than one billion cubic feet of gas per day…
Alex Markets Consumer Complexes to invest EGP12mn in FY2016-17
Egypt-based Alexandria for Consumer Complexes Company-Alex Markets plans injecting investments of 12 million…
Petrobel: executed investments in Egypt hit $948mn during FY2015-16
Egypt-based Balaeim Petroleum Co- Petrobel has injected large investments of US$948 million in oil and gas…
Egypt allocates $999mn for National Authority for Potable Water and Sewage budget
Egypt’s ministry of planning allocated 8.87 billion Egyptian pounds (US$999mn)for National Authority for Potable…
Egyptian Wholesale Trade Company attains $901mn-sales in FY2015-16
Egyptian Company for Wholesale Trade achieved sales volume of 8 billion Egyptian pounds (US$901 million) during…
Egypt-based Al Ahram Consumer Complexes to pump $7mn-investments in FY2016/17
Egypt-based Al Ahram for Consumer Complexes company targets injecting investments estimated at 65 million Egyptian…
Yen hit by scale of reported fiscal plan, new bond talk
Reports of a larger than previously expected fiscal stimulus plan for Japan had the yen back on the defensive on…
G20 must boost coordination as fiscal, monetary policy lose effect: Lou
Fiscal and monetary policies are becoming less effective at spurring economic activity so the world's leading…
Intel must show cloud growth to feed restructuring
Intel Corp. will need to show growth in its non-PC businesses when the company reports fiscal second-quarter…
Japan may use ‘helicopter money’ to battle deflation
Japanese policymakers, who won't go as far as funding government spending through direct debt monetization, might…
6.1M tourists visited Egypt during first ten months of FY2015/16- CBE
The number of tourists visited Egypt during the first ten months of fiscal year 2015-16 recorded 6.1 million, with…
Egyptian Airports Holding Company eyes $774mn-revenues in FY2016-17
Egyptian Holding Company for Airports and Air Navigation (EHCAAN) eyes achieving revenues of 6.8 billion Egyptian…
Industrial production of Egypt’s public enterprises hit $16bn in FY2014/15- CAPMAS
The annual industrial production of public sector enterprises recorded 140.8 billion Egyptian pounds (US$15.9…
NUCA allocates $45million for Egypt’s Sheikh Zayed City in FY 2016/2017
Egypt’s New Urban Communities Authority (NUCA) allocated 400 million Egyptian pounds ($45million) in favour of…
Egypt’s NUCA allocates $45million for Sheikh Zayed City in FY 2016/2017
Egypt’s New Urban Communities Authority (NUCA) allocated 400 million Egyptian pounds ($45million) in favour of…
Japan PM delaying sales tax rise, fiscal reform on back burner
Japanese Prime Minister Shinzo Abe told lawmakers on Wednesday that he has decided to delay a scheduled sales tax…
Major G7 leaders agree on need for fiscal steps: Japan’s Abe
Japanese Prime Minister Shinzo Abe said on Monday a majority of Group of Seven leaders agree on the need to deploy…
Japanese stocks edge up on yen, fiscal stimulus hopes
Japanese stocks edged up on Monday as a weak yen and hopes for government fiscal stimulus underpinned sentiment,…
Egyptian Tourism Development eyes $83mn revenues in FY2016-17
Egyptian Tourism Development Authority (TDA) plans attaining revenues estimated at 740 million Egyptian pounds…
Egyptian Gas Cool Co. profits rose 49% in 2015
The Egyptian Company For Refrigeration By Natural Gas – Gas Cool has boosted annual profits by 49 percent to 33.7…
Egyptian Iron & Steel Co. plans $13mn-investments in FY16-17
Egyptian Iron and Steel Company is planning to inject investments worth 103.275 million Egyptian pounds (around…
Japan central bank to cut next fiscal year’s growth, price estimates
Japan's central bank is expected to cut its economic and price forecasts for next fiscal year at a quarterly review…
Egypt plans to develop 83 shanty towns during FY 2016/17
Egypt’s Informal Settlement Development Fund (ISDF) is planning to develop 83 slums distributed in 18 governorates…
Egypt’s National Cement attains $42mn revenues in six months
Egypt's National Cement has obtained total revenues estimated at 328.164 million Egyptian pounds (US$41.9 million)…
Abu Qir Fertilizers six-month net profit reaches $65mn
Egypt's Abu Qir Fertilizers has attained net profit of 506.6 million Egyptian pounds (US$64.6 million) during the…
Russia’s industrial zone to operate by FY2016-17; Egypt’s trade minister says
Russia's industrial zone , which is set to be established in eastern Port Said, can start operating in fiscal year…
Egyptian Misr Insurance Holding investments hit $5bn
The total investments of Egypt's Misr Insurance Holding Company reached around 36 billion Egyptian pounds…
Egypt aims for GDP growth of 5.5 percent for FY 2015-2016
Egypt is targeting GDP growth of 5.5 percent for the fiscal year 2015/2016, which ends in June, planning minister…
Misr Insurance: Q1 premiums 8% higher
The leading insurer in MENA region, Misr Insurance Company has recorded first quarter premiums totalling 1.034…
Allianz Egypt to reveal business results and strategies this August 26
Leading insurer Allianz Egypt is to hold its annual press conference on August 26 this year to discuss its…
Egypt’s Communication Sector sees US$3.3mln Investments in FY 2015-16
The total volume of the expected investments in communication and information technology sector (ICT) within the…
Greece mulls last-ditch Proposals to avoid Collision with Bailout Creditors
Greece’s government is considering new fiscal proposals to avoid a collision with its creditors on Monday, in what…
Sony expects Operating Profit to Surge This Year
Sony Corp. on Thursday predicted a surge in operating profit for the current fiscal year, with its entertainment…