Egypt News Egypt Narrows Budget Deficit to 89.4 bln Pounds in H1 of Fiscal Year Yomna Yasser Feb 3, 2014 0 Egypt's budget deficit was 89.4 billion Egyptian pounds ($12.84 billion) or 4.4 percent of economic output in the…
Egypt News Egypt’s Budget Deficit Hits $10.8 bln in Jul-Oct 2013; Report Yomna Yasser Dec 10, 2013 0 Egypt’s budget deficit registered EGP 74.5 billion ($10.8 billion) in the first four months of the current fiscal…
Banks Egypt Central Bank Keeps Rates on Hold Amid Sluggish Growth Yomna Yasser Nov 2, 2013 0 Egypt's Central Bank (CBE) kept its interest rates on hold as expected on Thursday, as the government strives to…
Financial Institutions Official: Egypt Government Plans to Bring up Growth Rates to 3.5% Yomna Yasser Oct 21, 2013 0 Egyptian Minister of Planning Ashraf el-Araby said the government is planning to pump additional 24.5 billion…
Egypt News Egypt’s Rank Slides to 118th in 2013/14 Global Competitiveness Yomna Yasser Oct 2, 2013 0 Egypt’s rank in the 2013-2014 Global Competitiveness Index (GCI) slid to 118th position (out of 148 countries) from…
Tech news Exclusive: Mobiles Contribute Significantly to GDP Growth Yomna Yasser Sep 26, 2013 0 Berlin, 26 September 2013: A new study published by the Vodafone Institute for Society and Communications shows the…
Financial Institutions Egypt to Raise T-bills Worth EGP6.5 bln Today Yomna Yasser Sep 12, 2013 0 Egypt will be offering today 182-and 357-day treasury bills worth EGP 6.5 billion, the country’s finance ministry…
International News France Jumps out of Recession Yomna Yasser Aug 14, 2013 0 The French economy jumped out of recession in the second quarter, aided by stronger domestic demand and a…
Banks Egypt’s Central Bank Makes Surprise Interest Rate Cuts Yomna Yasser Aug 4, 2013 0 Egypt's central bank unexpectedly lowered its main overnight interest rate by 50 basis points at a policy meeting…
Financial Institutions Euro area GDP down by 0.2% and EU27 down by 0.1% Administrator Jun 6, 2013 0 GDP fell by 0.2% in the euro area1 (EA17) and by 0.1% in the EU271 during the first quarter of 2013, compared with…