El-Beblawi’s government sees highest recorded monthly borrowing rates in three years
The financial monthly bulletin issued by the Ministry of Finance showed the…
GDP grows 2.2% in second quarter of 2013
The second quarter growth was less than the first quarter, which saw…
Minister of Finance: Egypt’s government seeks to avoid austerity measures
Galal downplayed the importance of resuming talks with the International Monetary Fund…
EU aid to Egypt under attack
Minister of Planning and International Cooperation Amr Darrag discussed a €200m grant…
Investment Council chairman: tax increases acceptable if fair and just
Hamdi Rashad said the government, and ministers in particular, needed to take…
Egypt negotiates end to international disputes
The government is currently engaged in international commercial and legal disputes
Kuwait grants Oman $2.5bn as development aid: report
Oman and Kuwait are members of the energy-rich GCC along with Bahrain,…
Egypt reaps EGP 13.5bn in custom duties
A report reveals that from July 2012 to mid-May this year Egypt…
Finance Minister: New reform plan for petroleum sector
Aim to provide electricity subsidies and ensure the safe transport of gas…
Egyptian pound slumps to seven against US dollar
Egypt’s currency continues to devalue despite attempts by Central Bank to slow…