Government seeks to tackle mounting electricity woes
Energy subsidies set to increase to EGP 23bn, home consumption represents 43%…
Forex auctions carry on
Despite the optimism, the current political insecurity and the unsettled International Monetary…
New Central Bank Regulation to hit local money markets
CBE tightens limits on tier 1 capital in money markets; Beltone to…
Government hopes to acquire EGP 3bn in direct foreign investment
Settles dispute with United Arab Emirates real estate developer DAMAC and levies…
Egypt reaps EGP 13.5bn in custom duties
A report reveals that from July 2012 to mid-May this year Egypt…
Cairo government launches bid to ease road traffic via water transport
International auction to sell 15 marina boats will be held in coming…
Finance Minister: New reform plan for petroleum sector
Aim to provide electricity subsidies and ensure the safe transport of gas…
IMF: Inflation in Egypt expected to rise by 10.9% this year
The International Monetary Fund also projects the country’s budget deficit to shrink…
Back to blackouts
Blackouts return to Cairo with overloaded summer electric consumption; Ministries collaborate on…
Court postpones Omar Effendi case to 16 June
Iconic department store’s sale to Saudi businessman had been invalidated because of…