Total governmental investments during Q1 of current FY amounted to EGP 27.4bn: Al-Saeed

Largest share of public investments went for infrastructure development, says minister of planning

Daily News Egypt

Country must reconsider gas consumption system, utilise it on large scale in industry: El-Gabaly

Ministry plans to raise industrial products’ growth rates to 8% by 2020, says Nassar

Shaimaa Al-Aees

EGPC pays $4 per million BTUs for gas produced from Zohr field

Agreement to pump entire production of field to local market, but in event of decreased domestic consumption, it is possible to allow exports

Mohamed Adel

JICA dispatches Egyptian delegation to Japan to exchange experience on early childhood development

Project was launched in 2016 by President Sisi in Japan aiming to build capacity of Egyptian youth, promote prosperity, development in country

Daily News Egypt

14 alleged militants killed in Arish: interior ministry

Fighters were planning to target police, army personnel, says ministry

Daily News Egypt

We seek to issue T-bonds, T-bills with long terms ranging from 10-30 years: Moeit

High Federal Reserve’s interest rate raises cost of converting maturity of Egyptian debt to medium, long, says Omar

Abdel Razek Al-Shuwekhi

Indonesia tsunami kills around 222 so far, many missing

Over 700 people injured, authorities say death toll is likely to increase

Daily News Egypt

Warnings of Egypt’s postponement of some measures agreed upon with IMF

Measures include determining fuel pricing mechanism, say sources

Hagar Omran

EgyptERA’s board formation delays meetings on electricity price hikes

All consumption segments to see increases in prices at variable rates by next July: sources

Mohamed Farag

CBE unlikely to extend initiative to settle bad debts

Weak turnout by defaulters, 6 months enough for those who want to settle their debts: prominent banker

Hossam Mounir