Government signs permanent contracts for 124,500 employees
Egypt
October 19, 2011
Government signs permanent contracts for 124,500 employees
The Egyptian government signed permanent job contracts for 124,500 employees over the past three months, Finance Minister Hazem al-Beblawy said…
Finance Ministry allocates LE11 billion for govt to buy local wheat
Business
October 14, 2011
Finance Ministry allocates LE11 billion for govt to buy local wheat
The Finance Ministry has allocated more than 11LE billion for other government ministries to buy wheat from farmers this fiscal…
Finance Minister Beblawy backtracks on pledged resignation
Egypt
October 12, 2011
Finance Minister Beblawy backtracks on pledged resignation
Egypt's Finance Minister Hazem al-Beblawy has told Al-Masry Al-Youm he will maintain his post after the ruling Supreme Council of…
Banking sources: Egypt to extend tenure of central bank chief
Business
October 9, 2011
Banking sources: Egypt to extend tenure of central bank chief
Egypt’s ruling Supreme Council of the Armed Forces (SCAF) is leaning toward extending the tenure of Central Bank of Egypt…
Egyptian government considers IMF loan package again
Business
October 5, 2011
Egyptian government considers IMF loan package again
The Egyptian government is considering an International Monetary Fund (IMF) loan package that was rejected in the past, said Deputy…
Finance minister urges government to abide by state budget allocations
Business
October 4, 2011
Finance minister urges government to abide by state budget allocations
Finance Minister Hazem al-Biblawy on Tuesday urged the government to adhere to the allocations given in the state budget, and…
Finance minister: No budget allocations for public sector salary increases
Egypt
September 29, 2011
Finance minister: No budget allocations for public sector salary increases
The Finance Ministry is not involved in the Public Transport Authority (PTA) crisis and therefore there will be no budget…
Sources: CBE’s governor to be reinstated for one more year
Business
September 14, 2011
Sources: CBE’s governor to be reinstated for one more year
Egypt's ruling military council and the prime minister's cabinet are considering reinstating the Central Bank of Egypt governor and board…
Finance Ministry announces changes to its leadership
Egypt
August 17, 2011
Finance Ministry announces changes to its leadership
The Finance Ministry on Wednesday announced a number of changes in its leadership, involving the director of the finance minister’s…
Government considers doing away with gas subsidies
Business
August 8, 2011
Government considers doing away with gas subsidies
The government is reconsidering its policy of subsidizing petroleum products, said Petroleum Minister Abdullah Ghorab.