An expanded IMF agreement and major investment by the UAE provided little relief to Egypt's non-oil private sector in March.
04.04.2024
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News by
Reuters
Sisi swept to victory in an election last December with 89.6% of the vote and no serious challengers.
03.04.2024
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News by
Reuters
NFAs represent both central bank and commercial bank assets held by non-residents, minus their liabilities.
03.04.2024
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News by
economy middle east
Minister Maait has issued firm instructions to swiftly address tax evasion and the improper withholding of taxes by businesses.
03.04.2024
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News by
Daily News Egypt
Tax revenues have recorded a growth rate exceeding 38 percent since the beginning of the current fiscal year (FY24/25).
02.04.2024
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News by
Egypt Today
Egypt will have immediate access to $820 million this week and another $820 million after a review to be completed by the end of June.
02.04.2024
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News by
Reuters
The decline is due to the devaluation of the Egyptian pound against the US dollar, interest rate hikes, and broader economic challenges.
02.04.2024
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News by
Egypt Today
Maait added that the rest will come from the World Bank, the European Union, Japan and the United Kingdom.
01.04.2024
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News by
Egypt Independent
The proceeds of the concessions on Friday alone amounted to LE224 million, with 65 percent of the total proceeds were from concession of US dollar.
01.04.2024
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News by
Egypt Independent
The EU will provide one billion euros to finance microenterprises in Egypt during 2024 as long-term loans with low-interest rates.
31.03.2024
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News by
Ahram Online
The International Monetary Fund stressed the importance of implementing economic policies and supporting the private sector.
31.03.2024
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News by
Egypt Today
IMF said on Friday the expanded $8 billion financial support program enables the immediate release of $820 million.
31.03.2024
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News by
Middle east monitor
The exchange companies affiliated with Egypt's three largest state-owned banks have collected foreign currency proceeds surpassing EGP 7.5 billion.
31.03.2024
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News by
Ahram Online
Egypt’s cabinet has approved in its meeting on Wednesday the draft budget for the upcoming FY 2024/2025 to send to the House of Representatives.
28.03.2024
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News by
Ahram Online
The government expects the project to attract investments of up to $150 billion during its development, helping to provide millions of jobs.
28.03.2024
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News by
Egypt Today
These new investments will be in the sectors of financial technology, real estate development, chemical industries, and engineering industries.
28.03.2024
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News by
Egypt Independent
The golden licences, also known as "single approval licences," were introduced as part of the 2017 investment law and activated in 2022.
27.03.2024
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News by
Ahram Online
A presidential decree establishing the Supreme Council of Taxes was issued on Monday, Minister of Finance Mohamed Maait announced.
26.03.2024
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News by
Ahram Online
This came in a meeting with the Minister of International Cooperation Rania Al-Mashat to discuss enhancing cooperation with the Afreximbank.
26.03.2024
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News by
Egypt Today
The report surveyed 46 senior decision-makers from mobile network operators (MNOs) across 35 countries.
25.03.2024
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News by
Daily News Egypt
