Egypt Gets $500 Mln From Qatar, Says $500 Mln From Turkey Soon
Egypt has received a final $500 million installment of funds promised by Qatar and will get another $500 million…
Browsing Tag
Momtaz al-saeed
Egypt To Raise Bond Sale Goal 60% As Unrest Delays IMF
Egypt plans to sell about 60 percent more government bonds next quarter after political unrest prompted authorities…
IDB To Offer US$ 31.03 Mln Finance To Al-Azhar University Hospital
The Islamic Development Bank’s Board of Executive Directors approved in its meeting last Sunday to contribute to…
New Tax Raises Aim At Fighting Evasion: Egypt’s Finance Minister
The recently announced tax hikes ratified by President Mohamed Morsi and revoked by him shortly after due to public…
Egypt’s Ministerial Group Reviews Economic Situation And Govt’s Plan
The ministerial economic group held a meeting this morning led by Egyptian Prime Minister Hesham Kandil, to review…
CBE Secures 3rd Tranche Of Qatar’s US$ 2 Bln Deposit
The Minister of Finance Momtaz Al-Saeed announced that the Central Bank of Egypt (CBE) received US$ 500 million…
Momtaz al-Saeed: Egypt Needs EGP160 bln To Achieve Interior Balance
Egypt's Minister of Finance, Momtaz al-Saeed, the budget deficit and the government's inappropriate income…
EGP1.4 bln New Framework Agreement With Islamic Bank: Momtaz al-Saeed
The ministers of finance, planning and international cooperation, and petroleum and mineral resources will sign a…
Renegotiating with Mobile Operators is More Feasible than Imposing Taxes
Engineering consultant Mamdouh Hamza has called upon renewing negotiations with foreign mobile operators working in…
Turkey Allocates $2 bln Financial Package For Egyptian Economy
Turkish Deputy Prime Minister Ali Babacan and Essam Al-Haddad, Deputy President of Egypt for External Relations and…