Service News
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Sisi: Egypt subsidies cut much-needed 'bitter medicine'
“We have to take this bitter medicine,” Sisi said in a televised national address commemorating Egypt's military crossing of the Suez Canal in 1973.
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Egypt officials to promote investment in UAE visit
The Egyptian government seeks to mend a funding gap estimated between 17 and 19 billion dollars for the fiscal year 2014/15.
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Economists welcome fuel price hikes as scuffles erupt across Egypt
Egyptians woke up to find the prices of certain modes of non-gov'tal public transport were charging 50 percent-higher fares than the previous day.
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Egypt's deficit hits 9.3% of GDP in first 11 months of current fiscal year
Egypt's minister of finance, Hany Kadry Demian, said in March the state's budget deficit for fiscal year 2013/14 would be around 12 percent.
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Rising gas prices influence consumers' spending?
There is positive relationship between the cost of gas and the percent of consumers who change their spending patterns because of gas prices.
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PM: Egypt has no intention to change free economy course
Mahlab denied reports circulated the past weeks about the elimination of the free market.
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Egypt business activity expands in June, PMI hits 6-month high
The government is walking a fine line in trying to boost revenues and cut the deficit while attracting investors.
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Egypt cuts spending on energy subsidies by a third in new budget
The Finance Minister said the allocation for fuel subsidies has been cut from around E£144bn ($20bn) last year to E£100bn in the new budget.
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Cost efficiency gives Egypt an edge in Chinese orange market
Egyptian oranges are known globally for their high quality, but even so, they are still offered at a reasonable price.
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Who are Egypt's street vendors?
This study provides an overview of who Egypt's street vendors are, what characteristics they carry and what they aspire to.
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Army donates EGP1 billion to Sisi's pro-economy fund
The Armed Forces announced supporting an initiative by President Abdel Fattah el-Sisi to boost the national economy.
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Qalaa Holdings awards scholarships for 2014-15
17 top Egyptian students to pursue graduate educations at elite universities abroad with scholarships from Citadel Capital Scholarship Foundation.
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The military crowds out civilian business in Egypt
Assigning domestic infrastructure projects to the military is hardly a new practice by Egyptian authorities.
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Egypt susceptible to economic pressure from West, say experts
Canada and U.S. urged to use influence at IMF to step up pressure over rights abuses.
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Egypt fails to make the cut in top 20 Arab Companies list: Forbes Middle East
Country was fourth largest contributor to Top 500 companies in the Arab World’s list, Forbes Middle East indicated.
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55 % of new budget to allocate for social dimensions program
The new budget includes the expected revenues of the capital market tax and the additional five percent tax imposed on certain income groups.
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Profiles on Sisi's new Cabinet
PM Ibrahim Mehleb announced the new set of ministers last week - get to know the people that got appointed in key positions in this free report.
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Egypt investment minister projects $10 billion foreign investment next year
“I need FDI. It has a magical effect in creating jobs and lowering poverty,” said investment minister Ashraf Salman.
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Sisi calls for more Chinese investment, aid
The Egyptian leader made the remarks while meeting with China's Industry and Information Technology Minister Miao Wei.
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Investment to begin in Egypt's underdeveloped governorates: Minister
Ambitious plan from Egypt's new president to focus on new enterprises in more rural areas, traffic congestion, developing industries etc.