Government increases borrowing from domestic market to highest level ever during Q2 2017/18

The Finance Ministry revealed its intention to borrow EGP 389.25bn through treasury bills and bonds during the period from 1 October until the end of December

Hossam Mounir

Egypt awaits 3rd tranche worth $1bn of World Bank’s loan 

World Bank sees economic reforms taken by the Egyptian government as spectacular

Mohamed Ayyad

Egypt to become biggest exporter of dates within years: executive director of FEC

World's 15 largest importers of dates to attend Egyptian Date Palm Festival in Siwa in November

Nevine Kamel

Raya negotiates with mobile operators to allow installment services to their clients

Bassem Megahed, CEO of Raya Trading, a subsidiary of Raya Holding, said the company was negotiating with Telecom Egypt, the latest mobile operators in the Egyptian market and other mobile…

Mohamed Alaa El-Din

We aim to reduce the budget deficit to 4% by 2022: Finance Minister

Foreign exchange shortage has ended for every, said Amr El Garhy

Mohamed Ayyad

Egypt budget deficit to hit 8.8% of GDP in FY 2017/18: World Bank

A recent report issued by the world bank has expected Egypt’s budget deficit to stand at 8.8 percent of GDP by the end of the current fiscal year The improvement…

Daily News Egypt

Finance minister meets with $280bn investment fund leaders to discuss further opportunities

Finance Minister Amr El-Garhy is scheduled to meet  on Thursday with leading investment fund leaders with total assets under management of $280bn discuss with them further opportunities, according to a press…

Daily News Egypt

Fatah, Hamas sign reconciliation deal in Cairo

Sponsored by the Egyptian General Intelligence, the agreement sets a deadline for governmental control in the Gaza Strip

Amira El-Fekki

Cúper outperforms 14 coaches who failed to achieve Egypt’s dream of reaching the World Cup

After 28 years of trouble, preparations, failures, grief, and tears, the Egyptian team won the World Cup finals to witness the participation of the Pharaohs for the first time since…

Alaa Moustafa

Arabs on the threshold of a historic achievement for the World Cup in Russia

Arab clash expected in the draw of the World Cup

Alaa Moustafa