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Business
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Economy
4/19/2015 6:32:47 PM
Aiming to raise $2bn to help reduce the state budget deficit, Egypt's government will issue international bonds starting at the end of next month
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Business
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Economy
1/19/2015 6:58:31 PM
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Business
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Economy
1/11/2015 12:10:50 PM
Open to local banks and international financial institutions, the auction of the 1-year treasury bill will open and end Monday
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Business
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Economy
12/14/2014 2:33:59 PM
In addition to enhancing growth, the government aims to cut the budget deficit from 11 percent to 9.5-10 percent in the coming fiscal year
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Business
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Economy
3/31/2014 8:26:27 PM
Under the new amendments, families owning private properties worth up to LE2 million will be exempted from property taxes, as will a host of public buildings
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Business
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Economy
3/13/2014 4:59:35 PM
'Dropping farmers' debts would mean the collapse of the bank and we plan to achieve profitability', says chairman of agricultural bank
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Business
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Economy
1/22/2014 5:37:30 PM
Teachers in state schools will now earn between LE1,796 ($258) and LE4,167 ($598) per month
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Business
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Economy
12/23/2013 5:22:29 PM
General Authority for Supply Commodities to receive $58.1 million to import 180,000 tonnes of wheat
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Business
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Economy
11/14/2013 8:26:33 PM
Taxing bank provisions was suggested in May
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Business
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Economy
11/5/2013 7:19:45 PM
Ministry of finance admits part of the debt resulting from state borrowing of pension and insurance funds
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Business
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Economy
9/14/2013 6:40:53 PM
A nine percent surge in government expenditure over expectations, coupled with lower than anticipated tax returns and sluggish growth, leaves Egypt a budget deficit equal to 14 percent of GDP
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Business
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Economy
9/10/2013 6:45:31 PM
Ministry of Finance official confirms government plan to diversify debt portfolio through issue of zero coupon bonds starting 17 September
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Business
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Economy
8/11/2013 4:32:14 PM
The second phase of the government's smart cards system for rationalised fuel subsidies is already underway, says finance ministry
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Business
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Economy
6/21/2013 3:40:27 PM
State budget deficit rises by 50 percent to some LE205 billion – or 11.8 percent of GDP – in first 11 months of current fiscal year, finance ministry reports
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Business
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Economy
6/13/2013 7:57:35 PM
Following direction that government officials cannot accept gifts valued above USD100, Ministry of Finance organizes first ever public auction of gifts
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Egypt
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Politics
6/11/2013 2:55:45 PM
In meeting at Cairo University, university employees decide to protest on Sunday against Ministry of Finance's delay in promised wage increase
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Business
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Economy
4/25/2013 7:09:57 PM
Ministry of Finance agrees with Egypt's banks, post offices to boost tax revenues via new online initiative one week ahead of 30 April deadline
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Business
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Economy
4/3/2013 7:31:20 PM
IMF delegation resumed talks with Egyptian officials from the ministry of finance and will meet the prime minister later
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Heritage
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Ancient Egypt
2/27/2013 6:38:00 PM
Antiquities ministry rejects finance ministry proposal to rent Egypt's famous archaeological sites to international tourism companies
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Business
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Economy
2/26/2013 9:32:38 PM
The ministry of finance estimates that the new package of reforms, yet to be approved by the Shura Council, could save Egypt LE10-12 billion a year
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