International Cooperation Ministry aims to secure $15bn over 3 years, representing 50% of funding gap
Ministry has provided $3.8bn out of $5bn to finance 20 development projects…
Cabinet accepts Minister of Supply’s resignation
Reports about a limited cabinet reshuffle next week allegedly include the ministers…
Apache plans to increase its investments in Egypt’s petroleum explorations sector: cabinet
The government is providing new areas for international companies to increase their…
World Bank allows Egypt just $1bn for budget-support programme, $2bn for development projects: Meit
US dollar loans allocated to pay off foreign commitments on time, no…
Government committed to 14% VAT, parliament will understand: Prime Minister
Egypt's rich are able to provide their needs easily and have to…
Panic dominates after punishment toughened on currency traders
Employees in exchange companies in the informal market express concern, outrage over…
New incentives to maximise tax revenues, comprehensive restructuring of IRS: Finance Ministry
New legislation stipulates that collecting taxes protects the rights of the state,…
Egypt, IMF to cut budget deficit to 5.5% during 3-year funding programme
Primary agreement between IMF and Egypt; IMF executive board to determine timing…
Egypt, IMF to postpone unifying exchange rate until first tranche of loan arrives
Government moving quickly towards loan, while mission concerned about Cairo's ability to…
Investment Ministry examines readiness of 17 or 18 state-owned companies before listing on the EGX: state official
IMF mission is scheduled to review the IPO plan in the government’s…