fiscal year

Egypt’s economy is expected to grow by 5.6% in 2022
Business

Egypt’s economy is expected to grow by 5.6% in 2022

Egypt’s economy is expected to grow by 5.6 percent in the fiscal year 2021-2022, Minister of Planning Hala Al-Saeed said…
Remittances from Egyptian expatriates rise 8.5% in 9 months
Business

Remittances from Egyptian expatriates rise 8.5% in 9 months

Remittances from Egyptian expatriate workers from July to March of fiscal year 2020/2021 rose 8.5 percent, from US$1.8 billion to…
Egypt’s dues to foreign oil companies lowest level since 2010: Infograph
Business

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’s tourism revenues reach US$12.6 bn during 2018-2019 fiscal year
Business

Egypt’s tourism revenues reach US$12.6 bn during 2018-2019 fiscal year

Egyptian tourism revenues reached US$12.57 billion, compared to $9.80 billion during the 2017-2018 fiscal year, the privately-owned al-Mal newspaper reported…
Egypt’s growth rate rises to 5.3% during first quarter of fiscal year
Business

Egypt’s growth rate rises to 5.3% during first quarter of fiscal year

  Egypt’s Minister of Planning, Monitoring and Administrative Reformation Hala al-Saed announced Friday that the economic growth rate increased to…
PM, Finance Ministry officials meet to discuss new budget
Economy

PM, Finance Ministry officials meet to discuss new budget

Prime Minister Sherif Ismail discussed economic indicators for the current fiscal year and the new budget for the 2018/2019 fiscal…
GDP likely to hit 5.25 percent in fiscal year 2017/18: Finance Minister
Economy

GDP likely to hit 5.25 percent in fiscal year 2017/18: Finance Minister

Egypt aims to accomplish sustainable economic development with an expectation that it will increase its gross domestic product (GDP) up…
LE9.3 billion allocated to developing education
Egypt

LE9.3 billion allocated to developing education

The Planning, Monitoring and Administrative Reform Ministry announced it will allocate approximately LE4.1 billion to develop pre-university education and LE5.2 billion…
New Urban Communities Authority approves new fiscal year plan
Egypt

New Urban Communities Authority approves new fiscal year plan

The board of the New Urban Communities Authority, headed by the Housing, Utilities and Urban Communities Minister Mostafa Madbouli, has approved…
Budget deficit down 3 percent in 2013-2014
Business

Budget deficit down 3 percent in 2013-2014

Egypt’s general budget deficit has dropped to LE145 billion during the first nine months of the 2013-2014 fiscal year, according to…
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