Mohamed Ayyad

658 Articles

We need EGP 65bn to build infrastructure in 65m sqm of land: al-Sisi

The state does not want to take citizens’ money, but it is…

Mohamed Ayyad Mohamed Ayyad

Egypt has paid $1.2bn of its foreign debts

$750m to foreign oil companies, $533m for Saudi dues 

Mohamed Ayyad Mohamed Ayyad

Government approves EGP 45bn social security package

The government's package is much lower than inflation rates and does not…

Mohamed Ayyad Mohamed Ayyad

Egypt’s budget ambitious with broad challenges

Despite the reforms, EGP 370bn will be added to the public debt…

Mohamed Ayyad Mohamed Ayyad

Government raises its energy subsidies forecast to EGP 225bn in the upcoming year

Petroleum products material subsidies amounts to EGP 145bn, electricity subsidies reaches EGP…

Mohamed Ayyad Mohamed Ayyad

Qatari investments in Egypt secured by law: government official

Egypt's investments in Qatar are no more than $40m, we await developments…

Mohamed Ayyad Mohamed Ayyad

Egypt, Germany to organise investment forum in Berlin soon: Nasr

German companies looking to increase their investments in Egypt, says German-Arab Chamber…

Mohamed Ayyad Mohamed Ayyad

Government approves social action package worth EGP 45bn to ease the burden on citizens

Pensions increased by 15%, Takaful and Karama program up by EGP 100…

Mohamed Ayyad Mohamed Ayyad