Egypt’s government spent 78 billion Egyptian pounds ($4.32 billion) on fuel subsidies in the first nine months …
Egypt’s Government
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Industry & Trade
Egypt studies opening negotiations with Israel to drop gas fines
by Yomna Yasserby Yomna YasserEgypt’s government is studying offers to open negotiations with Israel again in an attempt to drop the …
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Financial Institutions
Egypt targets 5.5% growth rate in FY2018/19: deputy FinMin
by Yomna Yasserby Yomna YasserEgypt’s government is targeting a growth rate of 4.8 percent for the 2017-18 financial year and 5.5 …
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Industry & Trade
Steel giant ArcelorMittal reaches settlement agreement with Egypt
by Yomna Yasserby Yomna YasserEgypt’s government has reached a settlement deal with the largest steel producer in the world, ArcelorMittal in …
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Real Estate
Egypt to spend $37.6 mln on slum development projects in Red Sea
by Yomna Yasserby Yomna YasserEgypt’s government is allocating 330 million Egyptian pounds ($37.6 million) for the development of slums in Red …
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Financial Institutions
Egypt sees eurobond yield at 5.5-6% for Sept/Oct issuance: official
by Yomna Yasserby Yomna YasserEgypt expects its eurobond issuance at the end of September or early October to have a yield …
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Financial Institutions
Second annual leasing conference to kick off in Cairo next Oct. 11
by Yomna Yasserby Yomna YasserThe second annual leasing conference will kick off next October 11th in Cairo in a bid to …
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Egypt’s government hired 51.8 percent more foreign employees in 2015 compared to 2014, raising the number of …
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Egypt’s government has bought 4.8 million tonnes of domestic wheat since the start of the season on …
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Egypt News
Egypt begins domestic wheat procurement, expects to buy 4mn tonnes
by Yomna Yasserby Yomna YasserEgypt’s government has begun Friday procurement of the local harvest of wheat for 3 months, expecting to …