Egypt’s public debt is expected to decline this financial year at 83 percent from 90.5 percent at …
Tag:
spending
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Industry & Trade
Arab world’s energy subsidy bill shrinks to $98 billion in 2017: AMF
by Yomna Yasserby Yomna YasserSpending on energy subsidies in the Arab world has dropped to around $98 billion in 2017 from …
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Banks
Egypt government spent $5.65bn over-budget in 2016-17 due to currency float
by Yomna Yasserby Yomna YasserEgypt’s government spent over 100 billion Egyptian pounds ($5.65 billion) more than it planned to in the …
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The Egyptian government announced on Thursday its decision to cut down spending by 15 to 20 per …
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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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Tech news
Audi favors electric cars, services in new strategy: sources
by Ghada Ismailby Ghada IsmailAudi will boost spending on digital technologies and electric cars over the next decade, sources at the …
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BP (BP.L) said on Tuesday it could cut capital spending further after reporting an 80 percent drop …
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Egypt News
Pentagon to hike spending request to fund fight versus ISIS- Reuters
by Noha Gadby Noha GadPresident Barack Obama’s administration will seek a significant increase in funding for the fight against Islamic State …
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Saudi Arabia, seeking to cope with the lowest oil prices in more than a decade, may announce …
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The 40-year-old ban on most U.S. crude oil exports will “very likely” be lifted in the government …
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