Banking sector rating falls following national downgrades
Economic uncertainties and political turmoil are reflected in poor bank ratings
El-Beblawi tasks ministers to prepare economic roadmap
The government pledges to pay EGP 2.5bn due to contractors before December…
Taxi exchange programme costs more than EGP 1bn: finance ministry
Taxi owners stand to gain upward of EGP 8,300 says an official…
Customs evasion on the rise
915 cases of customs evasion and violation between January and June
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