Civil Service Law To Increase State Employees’ Wages By 15%: Minister
Minister of Finance Hany Kadry Dimian said that the Civil Service Law ensures periodic increases in the wages of…
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Hany Kadry Dimian
Egyptian FM Provides Update on Major Tax Reforms
The Egyptian Finance Minister, Hany Kadry Dimian, has disclosed new details about the Government's plans for a new…
Egypt signals Sukuk Intent amid preparing Foreign Bond Comeback
The pieces are falling into place for Egypt’s first Islamic bond sale, as Abdel Fattah al-Sisi’s government…
Egypt could raise up to $2 bln in Eurobond Issue
Egypt could raise as much as $2 billion through a Eurobond this year and expects economic growth of close to 7…
Egypt’s Economic Growth to Accelerate 4.5% this Year – Moody’s
Global ratings agency Moody’s said the pace of Egypt’s economic growth is forecasted to accelerate to between 4%…
Gulf Countries to invest in Egypt Sovereign Fund
Saudi Arabia, the United Arab Emirates and Kuwait are considering investing in a multibillion-dollar “sovereign…
Egypt on a Mission to Restore Confidence in its Economy
Egypt will push ahead with plans to phase out a costly energy subsidy, the country’s finance minister says, as…
Lew Urges Egypt to Push Forth with Reforms to Stabilize Economy
U.S. Treasury Secretary Jacob J. Lew urged Egypt to persist with economic and political changes that could attract…
U.S. Signals It Might Back Egypt Bailout
U.S. Treasury Secretary Jacob Lew signaled Monday that Washington might give the go ahead for international…
Egypt Vows Economic Reforms, But What about Politics?
From mega-projects to tax reforms, Egyptian ministers presented detailed initiatives last week to revive an economy…
Egypt’s FinMin Says Surplus State Budget May be EGP 85bln
Egyptian Finance Ministry has completed preparing the citizen's budget to explain the state budget law for…
Egypt’s Economy to Grow 6% in 3 years: Finance Minister
Egypt's finance minister is predicting growth rates of up to 6 percent within three years, which would mark a major…
Egypt Eyes 5-6% Economic Growth for Next 3 Years– Minister
Minister of Finance Hany Kadry Dimian revealed on Tuesday that the government is aiming to restore investor…
In May, Egypt Shares Lose EGP1.7 billion
In May, Egypt bourse incurred losses worth 1.7 billion driven by the recently announced tax on capital gains. In…
Egypt Approves 10% Capital Gains Tax on EGX Profits, Dividends, Bonus Shares
Egypt, which is struggling to cut the Middle East’s highest budget deficit, has approved the introduction of a 10%…
Egypt Names New Key Negotiator With IMF
Dr. Abdallah Shehata, economic adviser to the Minister of Finance and head of Economic Affairs Committee of the…
Key Egyptian Negotiator With IMF Quits
A key Egyptian negotiator with the International Monetary Fund said on Sunday he has resigned as first deputy…