Egypt Independent

Mohsen Abdel Razeq
Mohsen Abdel Razeq 103 | Articles

Foreign direct investment falls by 75%

Foreign direct investment fell by 75.1 percent in the first quarter of 2011 compared to the last quarter of 2010,...

Mohsen Abdel Razeq Mohsen Abdel Razeq 9 years ago

Minimum wage set at LE708 per month

The Ministry of Finance on Monday raised the minimum wage by 59 percent from LE444 to LE708 per month for...

Mohsen Abdel Razeq Mohsen Abdel Razeq 9 years ago

Official disputes reports of Gulf aid to Egypt

An anonymous government official said Egypt has not received the aid packages and loans reportedly agreed upon with Arab countries,...

Mohsen Abdel Razeq Mohsen Abdel Razeq 9 years ago

Minimum wage reduced to LE684 in new state budget

Field Marshal Mohamed Hussein Tantawy, head of the Supreme Council of the Armed Forces (SCAF), has endorsed the 2011/2012 state...

Mohsen Abdel Razeq Mohsen Abdel Razeq 9 years ago

Govt to reduce petroleum subsidies

The Petroleum and Solidarity and Social Justice ministries are scheduled to begin reducing petroleum product subsidies in July. The plan...

Mohsen Abdel Razeq Mohsen Abdel Razeq 9 years ago

Banque du Caire negotiates US$2 bn loan for petroleum sector

Banque du Caire has started negotiations with Petroleum Export Limited to secure a US$2 billion loan to finance imports of...

Mohsen Abdel Razeq Mohsen Abdel Razeq 9 years ago

Ministry of Finance: State budget was not amended

Sources at the Ministry of Finance said the Supreme Council of the Armed Forces did not amend any provisions of...

Mohsen Abdel Razeq Mohsen Abdel Razeq 9 years ago

Finance minister: Saudi Arabia offers US$200 million in aid

Finance Minister Samir Radwan on Thursday said Saudi Arabia has offered the Egyptian government US$200 million in financial aid to...

Mohsen Abdel Razeq Mohsen Abdel Razeq 9 years ago

No new government jobs for fresh graduates

The Finance Ministry on Tuesday announced that the government will not be offering new jobs to fresh university graduates, a...

Mohsen Abdel Razeq Mohsen Abdel Razeq 9 years ago

Documents implicate former finance minister in bonuses scam

Former Finance Minister Youssef Boutros-Ghali designated a special budget for paying ministry personnel bonuses and incentives in violation of the...

Mohsen Abdel Razeq Mohsen Abdel Razeq 9 years ago

Finance ministry to present budget before end of March

The Finance Ministry has completed the projected state budget for the 2011/2012 fiscal year, and will present it to the...

Mohsen Abdel Razeq Mohsen Abdel Razeq 9 years ago

Source puts Mubarak’s pension at LE2000

An official source said ousted President Hosni Mubarak’s pension is LE2000 monthly, but added that his pension from the military...

Mohsen Abdel Razeq Mohsen Abdel Razeq 9 years ago

Experts demand reconsideration of income tax law

Tax experts and officials called for the reconsideration of Egypt’s fixed income tax law (Law 91/2005), which was put in...

Mohsen Abdel Razeq Mohsen Abdel Razeq 9 years ago

Former Egypt official transferred US$620 million from UK to Switzerland

Mohamed Mahsoub, secretary-general of the popular "Egyptian Front for Reclaiming the People’s Wealth," said the group had documents in its...

Mohsen Abdel Razeq Mohsen Abdel Razeq 9 years ago