Egypt has released a backlog of imported goods worth $14.5 billion stuck at ports since the beginning …
Egypt’s budget
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Egypt is targeting cutting its overall budget deficit to just below 6 percent in the coming financial …
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Fitch Ratings is forecasting that Egypt’s real GDP growth will recover to 5.5 percent in the financial …
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Financial Institutions
Fitch says Egypt’s budget, energy price hikes show fiscal commitment
by Yomna Yasserby Yomna YasserEgypt’s new budget and lower electricity and fuel subsidies demonstrate a continued commitment to fiscal consolidation and …
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Financial Institutions
Egypt 2017/18 budget to include 75 bln Egyptian pounds social package
by Yomna Yasserby Yomna YasserEgypt’s budget for financial year 2017/18 will include a 75 billion Egyptian pounds ($4.17 billion) social package, …
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Financial Institutions
Egypt negotiating €800 million finances from some European countries – minister
by Yomna Yasserby Yomna YasserEgypt is negotiating a number of European countries to obtain €800 million ($868.5 million) in finances, Egyptian …
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Egypt News
Egypt 2016/17 budget sees deficit of 9.8%: finance ministry
by Yomna Yasserby Yomna YasserEgypt’s 2016/17 budget forecasts a deficit of 9.8 percent, the Finance Ministry announced in a statement on …
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Banks
Egypt to receive AfDB’s $1.5 bln second trance before year-end: official
by Yomna Yasserby Yomna YasserEgypt is likely to receive the second tranche of the African Development Bank (AfDB)’s loan before the …
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Egypt is to sign Thursday a $500 loan with the African Development Bank (AfDB) in the presence …
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The African Development Bank’s (AfDB) board of directors has approved Tuesday to pass US$500 million loan to …