12.5% deficit in FY 2013/2014 budget, financing gap valued at EGP 10-11bn: Finance minister
CBE’s temporary ‘financial’ account is strategic reserve and will not be used to solve budget deficit
Industrial sector, investments will rise when Egypt offers preferential treatment to local products: Trade minister
Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour told the Daily News Egypt in an interview for the Euromoney supplement that the law offering preferential treatment to…
Upcoming period is busy time for petroleum industry: Petroleum minister
Although there will be a $2bn in debts to foreign partners by year end, ministry has paid back $11.2bn to foreign companies during FY 2013/2014
As much as 20% or more of Egypt’s energy could be solar: Consilio CEO
Solar energy is a supplemental source as it requires subsidies and storage to meet peak hours
Larger stake in Palm Hills sought: Ripplewood CEO
Collins affirms commitment to support Egypt's economic recovery, interest in more opportunities in the country
New council must determine economic roadmap: CIB managing director
The council must be independent and serve an advisory purpose, Hisham Ezz Al-Arab says
Shoukry discusses Libyan affairs with counterparts in Madrid conference
Foreign minister to meet his Spanish counterpart on the sideline of the conference to discuss bilateral relations
Sobhi meets French counterpart to exchange views on regional security
Defence ministers and Egyptian chief of staff discussed cooperation in various fields and latest developments
Euromoney Conference: Tourism Development Authority needs major upgrade
The Egyptian official said that the authority needs to undergo a major restructuring in the coming period.