Business
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Economy
8/13/2014 3:53:40 PM
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Opinion
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7/29/2014 1:28:54 PM
Cutting the deficit in the general budget was an essential start that needs to be followed by serious steps for sharper reductions once Egypt's economy stabilises and growth improves
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Business
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Economy
7/14/2014 3:15:40 PM
In the fiscal year 2013/14, the government exceptionally appropriated 20 percent of the cumulative balance of special funds for the state budget, which amounted to LE4.5 billion.
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Egypt
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Politics
7/6/2014 3:03:37 PM
The increase in fuel and electricity prices comes after Egypt’s newly elected president, Abdel-Fattah El-Sisi, ratified a new annual budget
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Egypt
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Politics
7/5/2014 5:48:09 PM
Friday's increase in fuel and electricity prices will generate new revenue for education and health, says Egypt's premier
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Business
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Economy
7/4/2014 2:07:11 PM
Amendment is latest in a spate of reforms including capital gains tax on bourse ratified last week as part of drive to boost tax revenues in 2014/2015 and combat deficit
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Business
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Economy
7/1/2014 3:00:17 PM
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Business
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Economy
6/30/2014 9:05:20 PM
Minister refuses to give timeline for fuel prices hikes while presenting revised budget with 10 percent deficit, down from 12 percent in last week's draft
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Business
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Economy
6/30/2014 4:58:03 PM
The benchmark EGX30 index climbed 1.13 percent to register 8,162 points while the broader EGX70 index increased 0.98 percent in a session that saw daily stock turnover reach LE478 million
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Business
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Economy
6/29/2014 11:14:29 PM
Deficit will now stand at 10 percent of GDP - as opposed to the projected figures of 12 percent, or nearly LE300 billion, which caused President El-Sisi to delay ratification
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Business
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Economy
6/29/2014 5:59:32 PM
State to raise prices of all petroleum products and electricity in order to reduce budget deficit to 10 percent of GDP by 2015
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Business
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Economy
6/25/2014 7:05:26 PM
Egypt's main market index drops 1.05 pct as President El-Sisi refuses to ratify next year's budget, prompting fears of tax hikes and austerity measures, adding to end-of-quarter selling pressure
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Business
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Economy
6/24/2014 2:03:25 PM
The proposed state budget would raise Egypt's total domestic debt to LE2 trillion, up from LE1.7 trillion in March and LE1.6 trillion in December last year
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Egypt
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Politics
6/13/2014 12:38:53 PM
New president reiterates earlier calls for austerity, asking Egyptians to walk more to save the country money on fuel
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Business
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Economy
6/10/2014 6:32:32 PM
Emirates and U.S. agree over tax evasion fight as part of a U.S. plan to close its budget deficit and clamp down on tax avoidance
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Business
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Economy
6/8/2014 4:15:15 PM
Several European governments include illegal activities and criminal economy in its national accounts to improve economic indicators
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World
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International
6/6/2014 10:03:52 AM
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World
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Region
6/1/2014 7:27:33 PM
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Business
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Economy
5/30/2014 6:19:42 PM
Budget deficit down by 6 percent, as compared to same months of last year, which analysts say is due to Gulf aid since Mohamed Morsi's ouster
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Business
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Economy
5/26/2014 10:34:22 PM
State budget for FY2014/2015, awaiting presidential ratification, includes tax hikes and higher spending on subsidised electricity and foodstuffs
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