Business

Draft budget expects 5.8% growth rate, decreased budget deficit

Draft budget expects 5.8% growth rate, decreased budget deficit

Prime Minister Sherif Ismail received on Wednesday the draft budget for the 2018/19 fiscal year, and said in a Cabinet…
Egypt govt to review new ‘social protection’ package

Egypt govt to review new ‘social protection’ package

Minister of Finance Amr al-Garhy stated on Sunday that the government will send the state budget to President Abdel Fattah…
Egypt aims at 5.8% GDP growth in 2018/19 budget

Egypt aims at 5.8% GDP growth in 2018/19 budget

Egypt’s cabinet approved this week the state’s budget for the 2018/2019 fiscal year, which aims to reach a GDP growth target…
US dollar maintains price on Thursday

US dollar maintains price on Thursday

The US dollar maintained its price against the Egyptian pound at an average of LE 17.56 during banking dealings on…
US dollar prices for Thursday

US dollar prices for Thursday

US dollar maintained stability against the Egyptian pound with average of LE17.56 during trading on Thursday. According to the latest…
US dollar prices for Wednesday

US dollar prices for Wednesday

The US dollar exchange rate maintained stability against the Egyptian pound with an average of LE17.56 on Wednesday. According to…
Consumer Protection Agency accuses iron and steel factories of violating market competition laws

Consumer Protection Agency accuses iron and steel factories of violating market competition laws

Egypt’s Consumer Protection Agency (CPA) referred all iron and steel factories operating in the local market to the Egyptian Competition…
Govt’s public offering not limited to offered companies only: Finance Minister

Govt’s public offering not limited to offered companies only: Finance Minister

Minister of Finance Amr al-Garhy said that the initial public offering (IPO) program for government companies placed on the stock exchange…
US dollar prices for Monday

US dollar prices for Monday

The US dollar exchange rate maintained stability against the Egyptian pound with average of LE17.56 on Monday. According to the…
Egypt resumes natural gas transfers to Jordan in early 2019: oil minister

Egypt resumes natural gas transfers to Jordan in early 2019: oil minister

Egypt’s Minister of Oil Tarek El Mula stated on Saturday that Egypt will resume natural gas transfers to Jordan in…
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