Latest Economy News
Budget deficit reaches EGP 175.9bn over last nine months
Finance Ministry: Deficit now at 10.1% of GDP
Key Egyptian negotiator with IMF resigned on Sunday, MOF spokesperson denies trouble with FJP as reason for resignation
Deputy Finance Minister’s resignation adds risk to IMF loan
Government eliminates subsidised energy for paper and glass industries
Industries no longer considered energy intensive, says government
Smart cards for subsidies within three months
LPG subsidies system to end at ‘appropriate time’, says minister of state…
Government amendment package to close budget deficit and amend subsidy laws
Half of revenues collected from real estate taxes to be used to…
Egypt and Germany sign €165m agreement
Deal part of debt swap agreement initially stalled by German Chancellor Angela…
Investment minister: EFG Hermes-Qinvest deal to be finalised by 3 May
Hard to complete deal by date without EFSA approval, says EFG
