No new government jobs for fresh graduates
Business
May 17, 2011
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…
Documents implicate former finance minister in bonuses scam
Egypt
March 30, 2011
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…
Finance ministry to present budget before end of March
Business
March 29, 2011
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…
Source puts Mubarak’s pension at LE2000
Egypt
March 28, 2011
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…
Experts demand reconsideration of income tax law
Business
March 4, 2011
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…
Former Egypt official transferred US$620 million from UK to Switzerland
Business
February 22, 2011
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…
New Finance Minister: No change in Egypt’s economic policies
Business
February 13, 2011
New Finance Minister: No change in Egypt’s economic policies
Recently-appointed Finance Minister Samir Radwan said there would be "no change" in the economic policies pursued by his ministry.
CBE lengthens money-transfer period to prevent capital flight
Business
February 13, 2011
CBE lengthens money-transfer period to prevent capital flight
The Central Bank of Egypt (CBE) has lengthened the time period required for the transfer of large amounts of money…
Asian banks and companies compete to win Egypt nuclear tender
Business
January 22, 2011
Asian banks and companies compete to win Egypt nuclear tender
Korean and Japanese companies and banks announced that they will submit bids for the construction of the first nuclear power…
Minister: Egyptians burning themselves won’t spark revolution
Egypt
January 19, 2011
Minister: Egyptians burning themselves won’t spark revolution
Egyptian Finance Minister Youssef Boutros-Ghali on Wednesday said Egyptians setting themselves on fire would not spark a revolution, as happened…