Economy

Egypt’s fuel subsidy bill drops by 69% year on year July-Sept: Minister

Egypt’s fuel subsidy bill drops by 69% year on year July-Sept: Minister

CAIRO, Dec 8 (Reuters) – Egypt’s spending on fuel subsidies dropped by about 69 percent year on year to 7.25…
Mubarak-era minister makes first public appearance at Rome Med 2019

Mubarak-era minister makes first public appearance at Rome Med 2019

The Mubarak-era’s former Trade and Industry Minister Rachid Mohamed Rachid made his first public appearance on Friday at the Mediterranean…
CBE demands government to put tax incentives for the industrial sector

CBE demands government to put tax incentives for the industrial sector

The Central Bank of Egypt (CBE) on Sunday urged the government to grant tax incentives to the industrial sector within…
Egypt’s dues to foreign oil companies lowest level since 2010: Infograph

Egypt’s dues to foreign oil companies lowest level since 2010: Infograph

Dues to foreign oil companies in Egypt have decreased to their lowest level since 2010, thanks to the payment of…
Egypt to issue first corporate sukuk within weeks: official

Egypt to issue first corporate sukuk within weeks: official

CAIRO (Reuters) — Egypt will issue its first corporate sukuk, or Islamic bonds, within weeks, a Financial Regulatory Authority (FRA)…
Egypt’s non-oil private sector shrinks to slowest in over two years: PMI

Egypt’s non-oil private sector shrinks to slowest in over two years: PMI

CAIRO (Reuters) — Activity in Egypt’s non-oil private sector contracted in November for the fourth consecutive month, falling to its…
Egypt jumps 55 places in Open Budget Index: Finance Minister

Egypt jumps 55 places in Open Budget Index: Finance Minister

Egyptian Finance Minister Mohamed Maait announced Monday that Egypt has jumped 55 positions in its budget transparency index the “Open…
Arab Contractors wins best contracting company in Uganda

Arab Contractors wins best contracting company in Uganda

Uganda Vice President Edward Ssekandi awarded leading Egyptian construction company Arab Contractors the prize for best contracting company of 2018…
Egypt’s 2018 exports see 11.5% increase: CAPMAS

Egypt’s 2018 exports see 11.5% increase: CAPMAS

Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Saturday that the total exports during 2018 increased to…
Egypt signs ‘Yaoundé Declaration’ for financial transparency

Egypt signs ‘Yaoundé Declaration’ for financial transparency

Egypt signed the “Yaoundé Declaration” during the 10th Anniversary Meeting of the Global Forum on Transparency and Exchange of Information…
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