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LE1.5 billion earmarked for parliament, municipal polls: FM

LE1.5 billion earmarked for parliament, municipal polls: FM

The Finance Ministry has allocated LE1.5 billion to cover expenditures on the House of Representatives elections, as well as polls…
Egyptian PM meets FECC members on economic challenges

Egyptian PM meets FECC members on economic challenges

Prime Minister Sherif Ismail held a meeting Tuesday with the chairman and representatives of the Federation of Egyptian Chambers Of…
Egypt’s market loses LE40 mn on Tuesday, indexes mixed

Egypt’s market loses LE40 mn on Tuesday, indexes mixed

Egypt's stock market indexes were mixed during Tuesday's session, as the benchmark EGX30 index inched up 0.26 percent, while the…
A government under economic siege

A government under economic siege

Central Bank data has revealed a 4.3 percent increase in net foreign debt in the recently completed fiscal year, recording…
Egyptian pound steady at dollar sale, weaker on parallel market

Egyptian pound steady at dollar sale, weaker on parallel market

The Egyptian central bank held the pound steady at a dollar sale on Tuesday, selling $37.8 million at a cut-off…
Egyptian exports fall by 29% in September 2015

Egyptian exports fall by 29% in September 2015

Egyptian non-petroleum exports fell in September 2015 by 29 percent to US$1.7 billion, from $1.2 billion in the same month…
OPEC sees pressures on oil price easing

OPEC sees pressures on oil price easing

Market pressures that slashed the price of oil to below $50 per barrel appear to be easing, the OPEC oil…
PM to launch 3rd intel PPP projects conference next Monday

PM to launch 3rd intel PPP projects conference next Monday

Prime Minister Sherif Ismail will launch, on Monday, October 19, the third international conference hosted by the Finance Ministry’s private-public…
Egypt’s market gains LE3.8 bn on Monday, EGX30 rises 1.4%

Egypt’s market gains LE3.8 bn on Monday, EGX30 rises 1.4%

Egypt's stock market extended its gains on Monday, as the benchmark EGX30 index rose 1.36 percent to 7,650.65 points, with…
Egyptian borrowers face challenges raising syndicated loans

Egyptian borrowers face challenges raising syndicated loans

Egypt's return to the international syndicated loan market is being hampered by September's global volatility and the growing liquidity crunch…
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