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World
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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
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Business
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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
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Business
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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)
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Business
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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
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Al-Ahram Weekly
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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,
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Business
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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
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World
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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
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Business
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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
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Business
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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
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Egypt
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Politics
11/12/2020 4:12:00 PM
The service covers 11 governorates in the first phase, with the remaining governorates to follow shortly
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Business
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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
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Business
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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
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Business
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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
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Business
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Economy
8/26/2020 2:37:19 PM
The yields will be used to bridge the gap in the state budget deficit
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Business
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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
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Business
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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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Business
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Economy
8/12/2020 3:55:00 PM
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Business
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Economy
7/7/2020 4:11:38 PM
Since March, Egypt has seen a decline in its NIRs, which have been hit by the COVID-19 crisis with foreign investors selling their T-bills and bonds
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Business
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Economy
6/25/2020 8:11:33 PM
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Business
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Economy
6/15/2020 1:28:15 PM
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