Egyptian government is negotiating with African Development Bank (AfDB) to support the country’s plan to restructure Nasser …
Tag:
Egyptian government
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Banks
Beleaguered tourism industry drives Egypt to cancel AfDB $140 mln loan
by Yomna Yasserby Yomna YasserEgypt has cancelled a $140 million loan signed with the African Development Bank (AfDB) to upgrade Sharm …
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Egypt News
Egypt targets budget deficit of 9.8% for 2016-2017: minister
by Yomna Yasserby Yomna YasserThe Egyptian government is targeting a budget deficit of 9.8 percent for 2016-2017 and 9 percent for …
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Egyptian government has refused Sunday a request from Sudan to engage in direct talks or resort to …
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Tech news
Telecom Egypt appoints Tamer Gadallah as CEO, Maged Othman chairman
by Yomna Yasserby Yomna YasserTelecom Egypt, the state-owned landline monopoly, appointed Maged Othman as chairman of the board and Tamer Gadallah …
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Egyptian government has replaced Wednesday all of its representatives on state-run landline monopoly, Telecom Egypt’s board of …
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Egyptian government has set the long-awaited value added tax (VAT) at a flat rate of 10 percent, …
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Banks
AfDB to secure $1.5 billion for Egypt’s capital city project: Chief
by Yomna Yasserby Yomna YasserAfrican Development Bank Group (AfDB) intends to secure a loan worth around $1.5 billion to finance Egypt’s …
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The World Bank revealed Saturday details of its $3 billion loan to the Egyptian government which entail …
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Tech news
Telecom Egypt’s board may reshuffle in two months – sources
by Yomna Yasserby Yomna YasserEgyptian government is likely to name a new board of state-run landline monopoly Telecom Egypt, in the …