Public debt services’ expenses comprise around 28 percent of total public spending.
03.10.2015
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News by
Star Africa
The government has stated it is committed to pay off interests on public debt estimated at 244 billion EGP in the new budget, an increase of 25.1%.
02.10.2015
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News by
The Cairo Post
Dimian said that the implementation of a long awaited value-added tax (VAT) by the end of 2015 would help generate great additional revenue.
01.10.2015
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News by
Ahram Online
The minister also stated that the ministry’s priorities include supporting the state’s budget as well as providing funding to stimulate growth.
23.09.2015
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News by
Star Africa
Banque Masr Chairman states that Egypt is a promising market for investments using new Suez Canal as an example.
13.09.2015
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News by
Daily News Egypt
measures taken to reduce budget deficit like raising fuel prices have contributed to soaring pricing.
11.09.2015
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News by
Ahram Online
There are plenty of reasons to expect Egypt's second bond sale since the 2011 is going to be a tougher sell than the first one 3 month ago.
10.09.2015
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News by
The Daily Star
Egypt's cabinet says the central is independent following remarks by Egypt's investment minister on Monday about devaluing Egyptian pound.
10.09.2015
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News by
Ahram Online
The main EGX30 index, small and mid-cap EGX70 index and the broader EGX100 index rose 3.07 percent, 2.01 percent and 2.59 percent, respectively.
06.09.2015
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News by
Star Africa
Egypt's PMI rose to 51.2 in August, up from 49.2 the previous month, a survey revealed on Thursday.
04.09.2015
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News by
Ahram Online
The Italian company has operated in Egypt since 1954, supplying a little over a quarter of Egypt's annual oil and gas production.
31.08.2015
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News by
All Africa
Pioneers specialises in market research and brokerage services but also has investment arms in real estate, industry and financial services.
30.08.2015
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News by
Reuters
Ministry of Finance dedicates EGP 74.1m for operation of non-economic railway lines and student subscriptions.
30.08.2015
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News by
Daily News Egypt
The deal includes Citibank's retail portfolio and credit card businesses.
26.08.2015
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News by
Ahram Online
Recovery parallels US and European stocks’ upturn. The EGX-100, EGX-70 and EGX-20 have increased by 1.21%, 1.61% and 2.71% respectively.
26.08.2015
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News by
Daily News Egypt
The amendments also exempt more people from income tax.
25.08.2015
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News by
Ahram Online
The long-awaited value added tax law will soon be submitted to the cabinet, says Egypt's finance minister.
24.08.2015
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News by
Ahram Online
The EGX market capital lost LE15.46 billion (US$2 billion) on Sunday, hitting LE428.61 billion, compared to LE444.07 billion on Thursday.
24.08.2015
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News by
Egypt Independent
A committee formed by the government issued a ruling to freeze the assets of Safwan Thabet due to alleged links to the banned Muslim Brotherhood.
21.08.2015
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News by
Reuters
Kuwait's Al Ahli Bank received approval from the Egyptian Financial Supervisory Authority to acquire a controlling stake in Piraeus Bank's Egypt unit.
21.08.2015
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News by
Reuters