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Al-Ahram Weekly - Economy
9/24/2021 5:06:00 PM
The business community has welcomed government efforts to integrate the informal economy through electronic invoices

Al-Ahram Weekly - Egypt
8/12/2021 9:53:00 AM
The House had also passed a law toughening penalties for sexual harassment, and approved three extensions of the emergency law, among others

Al-Ahram Weekly - Economy
7/10/2021 9:44:00 PM
Egyptian households will be receiving higher electricity bills this month

Business - Economy
6/29/2021 4:40:52 PM
New data published by the CBE on Tuesday showed that foreign investments in Egypt’s T-bills has seen a gradual increase since January, when they recorded EGP 298 billion

World - International
6/24/2021 4:17:40 PM
'I believe many of these bills are going to die in the Senate if they ever get out of the House,' Republican Representative Darrell said

Business - Economy
4/29/2021 11:08:27 AM
The T-bills were offered at an interest rate of 3 percent, up to 3.1 percent, with a weighted average interest rate of 3 percent, according to the CBE

Business - Economy
4/26/2021 3:21:14 PM
The proceeds of this kind of auctions are used to replenish Egypt’s net international reserves (NIRs)

Business - Economy
3/28/2021 7:47:00 PM
The ministry said it sold 91-day T-bills worth EGP 11.5 billion with an average yield of 13.105 percent, adding that it accepted bids at rates between 12.9 percent and 13.14 percent

Al-Ahram Weekly - Egypt
3/25/2021 4:10:00 PM
While the Senate approved a law toughening penalties on female circumcision, President Al-Sisi asked parliament to pass a bill banning child marriage,

Business - Economy
3/15/2021 12:04:54 PM
The new financial strategy is meant to decrease public debt to GDP ratio to about 70 percent over the coming four years

World - International
1/19/2021 3:01:25 PM
Biden plans to sign dozens of executive orders and send sweeping bills to Congress in his first days in office, aiming to roll back some of Donald Trump’s signature policies on immigration, climate change and coronavirus crisis

Business - Economy
12/30/2020 1:46:50 PM
In September, Maait said government service e-bills grew in one year by 223 percent at the end of July

Business - Economy
11/17/2020 12:13:12 PM
This action comes despite the challenges of the COVID-19 pandemic and the increasing risk that the global economy is facing, according to the bank

Egypt - Politics
11/12/2020 4:12:00 PM
The service covers 11 governorates in the first phase, with the remaining governorates to follow shortly

Business - Economy
9/24/2020 4:09:49 PM
10 phases of the electronic payment and collecting system have been carried out starting May 2019, including providing 17,000 GPOS for electronic payments and collecting in the administrative bodies across the country

Business - Economy
9/21/2020 12:55:13 PM
The CBE offered T-bills in an auction on Sunday with the aim of attracting EGP 19 billion, with interest rates ranging between 12.9 percent and 13.6 percent

Business - Economy
9/10/2020 3:08:41 PM
Some 260 international investment funds purchased $18 billion worth of treasury bills and bonds in Egyptian pounds due to their confidence in the Egyptian currency, said Amer

Business - Economy
8/26/2020 2:37:19 PM
The yields will be used to bridge the gap in the state budget deficit

Business - Economy
8/24/2020 2:55:00 PM
On Sunday, the CBE offered T-bills in Egyptian pounds, on behalf of the finance ministry, worth EGP 20.5 billion over two terms to provide finances for the same purpose

Business - Economy
8/23/2020 1:20:52 PM
The state’s budget deficit was widened under the pressure of the COVID-19 crisis to 6.5 percent of GDP in FY2019/2020 up from 6.2 percent in FY2018/2019

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