Featured Egypt to prioritise local resources, development spending in new budget Yomna Yasser Sep 23, 2026 0 Egypt will prioritise developing local resources in its governorates in the new fiscal year's budget and redirect…
Featured Egypt to pilot programme-based budgeting in FY2027/2028 Aya Anwar Sep 17, 2026 0 Egypt will begin pilot implementation of programme and performance-based budgeting in the 2027/2028 fiscal year as…
Featured Egypt saves 18,000 MWh of electricity in first week of energy measures – PM Aya Anwar Apr 21, 2026 0 Egypt’s energy-saving plan, introduced in response to heightened regional tensions, delivered electricity savings…
Featured Egypt eyes 5.4% growth, EGP1.2t primary surplus in FY2026–27 budget Aya Anwar Mar 24, 2026 0 Egypt aims to achieve 5.4 per cent economic growth and a primary surplus of 1.2 trillion Egyptian pounds under the…
Energy Egypt to double renewable energy investments in FY ’25/26 Aya El Sayed Sep 2, 2025 0 Egypt plans to raise investments in the electricity and renewable energy sector to EGP 136.3 billion ($2.8 billion)…
Featured Germany urges EU to limit spending in next 7-year budget Aya El Sayed Jun 15, 2025 0 Germany called for restraint in the European Union’s next seven-year budget, warning that member states lack the…
Featured Sterling slips ahead of UK spending review Aya El Sayed Jun 11, 2025 0 Sterling edged lower against the dollar on Wednesday, falling 0.2 per cent to $1.3472, as markets awaited British…
Featured IMF upgrades UK growth outlook amid economic recovery Aya El Sayed May 27, 2025 0 The UK economy is showing signs of recovery following a slowdown in late 2024, with the International Monetary Fund…
Featured Romania’s inflation accelerates in Nov. ’24 Aya El Sayed Dec 11, 2024 0 Romania’s inflation rate rose to 5.1 per cent in November, up from 4.7 per cent in October, slightly exceeding…
Featured Egypt posts historic surplus, budget deficit shrinks in 4 months Yomna Yasser Nov 27, 2024 0 Egypt’s overall budget deficit substantially fell by 97 billion Egyptian pounds during the first four months of the…
Featured UK’s Starmer targets benefits bill with ‘radical reforms’ Aya El Sayed Nov 24, 2024 0 UK Prime Minister Keir Starmer has pledged to introduce "radical reforms" aimed at addressing the country's rising…
International News France’s GDP growth slows to 0.2% in Q2 ’24 Aya El Sayed Sep 1, 2024 0 France's GDP in volume terms increased by a modest 0.2 per cent in the second quarter of 2024, down from the 0.3…
Featured German investments hampered by defence, social costs – minister Aya El Sayed May 22, 2024 0 Defence, social spending, and interest payments are the ‘big blocks’ constraining the German budget, stated German…
Egypt News Egypt to Miss GDP Growth Target This Fiscal Year, El-Araby Says Yomna Yasser Mar 10, 2014 0 Egypt’s economy is likely to grow less than the government’s target of at least 3% because of political turmoil,…
Financial Institutions IMF Commends Egypt $3 bln Plan to Create Jobs, Boost Economy Yomna Yasser Oct 13, 2013 0 The International Monetary Fund commended Egypt’s plan to boost public spending by $3 billion to create jobs and…
International News British Govt : New Measures to limit Public Spending Administrator Apr 23, 2012 0 Britain is to unveil new rules to further limit public spending as part of the government's efforts to meet its…
Tech news Outlook for IT Spending Reduces in 2012 Administrator Apr 7, 2012 0 Research firm Gartner has trimmed its outlook for IT spending in 2012 as a stronger US dollar and public spending…