Egypt’s Minister of Finance, Mohamed Maait, announced on Monday that Egypt saw a growth in tax revenues …
Tag:
fiscal year
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Egypt News
Egypt to see higher rise in budget deficit than previously expected: Deputy finance minister
by aya salahby aya salahEgypt’s fiscal year 2017/18 budget deficit is expected to record 9.4 percent of GDP, up from a …
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Vodafone, the world’s second biggest mobile operator, says pre-tax profits in Egypt have reached 4 billion Egyptian …
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Egypt’s budget deficit declined to 5% in the first half of the FY 2016/2017, down from 6.2 …
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Industry & Trade
Khalda Petroleum cuts cost of oil produced from Apache concession to $4.5/barrel
by Noha Gadby Noha GadKhalda Petroleum Company has reduced the cost of oil produced from the Apache concession area in the …
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Industry & Trade
Shell lowers investments in Egypt’s Borollos, Rasheed concessions to $159m
by Noha Gadby Noha GadRoyal Dutch Shell reduced its investments for the current fiscal year (FY) in Borollos and Rasheed concessions …
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Industry & Trade
Oil subsidies spending drop 23%, hit $6bn in FY2015-16: Egypt’s EGPC
by Noha Gadby Noha GadThe total volume of spending on Egypt’s oil subsidies dropped 23 percent in financial year 2015-16, Chairman …
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Real Estate
Egypt will invite bidders to develop 40 life-endangered slums in FY 2016/2017
by aya salahby aya salahEgypt’s Informal Settlements Development Fund (ISDF) is set to put out developing 40 risky slums to tender …
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The volume of total executed investments in Egypt hit around 172 billion Egyptian pounds (US$19 billion) during …
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Real Estate
Egypt to build 150,000 affordable homes in FY2016-17: Minister
by aya salahby aya salahEgypt’s Ministry of Housing is set to increase the number of affordable homes to 400,000 by implementing …
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