22% growth in customs outcome after flotation, expected to collect EGP 29.4bn by end of FY 2016/2017: ETA chairperson
Customs outcome reached EGP 27.2bn by the end of FY 2015/2016
Was the government ready for the flotation’s consequences?
Squeezed by economic and political turmoil following the 25 January Revolution that…
Brent hike and flotation eats 91% of fuel subsidies allocation in H1 of FY 2016/2017
Ministries of electricity and petroleum call for additional allocations to face impact…
Parliament to discuss law for compensating contractors following pound’s flotation
The formation of a supreme committee for compensations will be headed by…
Elsewedy Electric’s revenue predicted to increase by 39% annually from 2017-2020 following pound’s flotation: Mubasher
"Turnkey Project" is the most profitable sector at Elsewedy after the flotation…
Brokerage companies pin hopes on flotation, government offerings to improve exit negotiations
Executives confirm that acquisitions are now based on minimum value of brokerage…
Banks finance foreign trade operations worth $7.9bn since flotation until 14 December: CBE
This sum includes the repayment of letters of credit and documents of…
Electrolux Egypt raised prices by 20-25% after flotation
Local components in heaters increased from 70% to 90%
US dollar surpasses EGP 19 at CBE to hit highest rates since flotation
The US dollar price at the Central Bank of Egypt (CBE) and…
Banque Misr finances import of basic, non-basic goods by $1.37bn since flotation: chairperson
Amount of collected US dollars amounted to $850m from clients, while new…