An official governmental source revealed that the budget deficit for 2013/2014 was estimated to be 15.5%. However, …
Gulf aid
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Egypt News
Gulf Aids Ongoing without Terms Prejudice to Egypt’s Sovereignty:Minister
by Salma Aymanby Salma AymanGulf aid is continuously to Egypt within the upcoming period for financing service and development projects in …
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Banks
BREAKING: Egypt’s Foreign Reserves Up at $17.414 billion in March
by Yomna Yasserby Yomna YasserEgypt’s foreign reserves increased to $17.414 billion in March from $17.307 billion in February, the central bank …
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Banks
Egypt Central Bank Governor Says Foreign Reserves to Continue to Rise
by Yomna Yasserby Yomna YasserEgypt’s Central Bank governor Hisham Ramez said on Wednesday he expects the country’s foreign currency reserves to …
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Egypt’s economy grew 1.2 % in the first half of fiscal year 2013/14, the minister of planning …
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Banks
BREAKING: Egypt Foreign Reserves up to $17.307 billion in February
by Yomna Yasserby Yomna YasserEgypt’s foreign reserves rose by US$203 million to US$17.307 billion in February from US$17.104 billion in January, …
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Who says military rule is bad for stock markets? The EGX30, Egypt’s main stock index, is now …
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Egypt’s credit classification was raised to stable from negative by Fitch Ratings, which cited financial aid from …
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Industry & Trade
CBE: Egypt to Pay $1 Bln to Foreign Oil Firms Monday
by Yomna Yasserby Yomna YasserEgypt’s central bank has delivered $1 billion to the Ministry of Petroleum to repay on Monday part …
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Cash reserve must be built by local production and investments rather foreign aid and loans Talk that …