Within this August, Egypt’s Finance Ministry plans to launch debt instruments totalling 64.5 billion Egyptian pounds (around …
Tag:
Egypt’s budget deficit
-
-
Financial Institutions
Fitch Says Egypt’s Fuel Price Hikes Positive for Credit Profile
by Yomna Yasserby Yomna YasserRecently announced fuel price hikes are an important step toward reducing subsidies that contribute to Egypt’s substantial …
-
Industry & Trade
Eastern Tobacco Announces Cigarette Price Increases amid Egypt New Tax
by Yomna Yasserby Yomna YasserEgypt’s cigarette monopoly Eastern Tobacco (EAST.CA) announced Monday that it modified cigarettes prices for local and imported …
-
Industry & Trade
Egypt’s Sawiris Calls to Cut Energy-intensive Industries’ Subsidies
by Yomna Yasserby Yomna YasserEgyptian business tycoon Naguib Sawiris has commended Sunday the government’s decision to raise fuel and electricity prices. …
-
Financial Institutions
Egypt Government to Borrow EGP5.5 billion Tomorrow
by Yomna Yasserby Yomna YasserEgyptian Ministry of Finance is set to launch new short term Treasury bills (T-bills) worth 5.5 billion …
-
Financial Institutions
Egypt’s Deficit Hits 9.3% of GDP in First 11 Months of Current FY
by Salma Aymanby Salma AymanEgypt’s budget deficit reached 9.3 percent of its gross domestic product (GDP) in the first eleven months …
-
Egypt News
Egypt Sees 10% Budget Deficit for Coming Fiscal Year – Minister
by Yomna Yasserby Yomna YasserEgypt’s finance minister said on Tuesday he expects the new budget deficit to stand at 10 % …
-
Egypt News
Preparing Egyptians for Painful Economic Austerity, Sisi Cuts Own Pay
by Yomna Yasserby Yomna YasserEgypt’s new president Abdel Fattah al-Sisi pledged on Tuesday to give up half his salary and property …
-
EGX
Egypt Approves 10% Capital Gains Tax on EGX Profits, Dividends, Bonus Shares
by Yomna Yasserby Yomna YasserEgypt, which is struggling to cut the Middle East’s highest budget deficit, has approved the introduction of …
-
Financial Institutions
CBE to Auction T-bills worth 5.5 billion Pounds Tomorrow
by Yomna Yasserby Yomna YasserOn behalf of the Egyptian Finance Ministry, the Central Bank of Egypt will be offering tomorrow 91 …