Increasing electricity prices expected to proceed EGP 30bn
Prices for industrial activities to be surged by 30-40%, EGP 47bn allocated for household subsidy
Egypt foreign reserves reaches $31.305 billion in June; Pound steady
The reserves records 29% increase since the beginning of 2017
Qatari position would not be tolerated and should be stopped: Saudi-led coalition
We feel sorry for the Qatari negative response, says Saudi-led coalition
FunRock opens office in Egypt to Further Develop Mobile Gaming Industry in Middle East
We picked up Egypt for its investment-attractive environment, says Shehata
Military Production Ministry receives $2bn in offers from China, Korea, EBRD to produce solar panels
German alliance prepares a feasibility study of the project within 3 months
No increase in medicine prices this year: Minister of Health
The minister signed an agreement with medicine companies to increase prices of new group of drugs in August, says Al-Leithi
Parliament approves FY 2017/18 budget, implementing it pending president’s approval
Expected deficit at 9.1%, economic growth at 4.6% to adjust government finances
Analysts expect CBE to keep interest rate unchanged after Thursday meeting
Seven out of nine analysts and investment banks expect CBE to keep current rates unchanged
Egypt non-oil business continued to deteriorate during June PMI
New export orders grew for its third consecutive month as weaker pound draws interest
Egyptian pound shows signs of correction: Beltone
Total outstanding liability to register at $7.6bn and $12.2bn in FY 2017/18 and FY 2018/19 respectively
