Mansour’s presidential decrees, and their mark on Egypt’s economic landscape
Mansour issued a decree amending the Investment Law, prohibiting third parties from challenging contracts between the government and investors.
Domestic public debt rises to 83.3% of GDP in first quarter of 2014: CBE
Central bank reports estimates net external debt rose by 5.8%, as a result of increased borrowing and higher exchange rates against the dollar
Egypt business activity shrinks in May: PMI
Reuters - Business activity in Egypt shrank for the third month in a row in May, a poll showed on Tuesday, in a sign the economy remains fragile as former army…
EGP 3.69bn to be invested in petroleum by public sector companies for FY 2014/2015: EGPC president
The total amount of investments that are hoped to be collected from public sector companies amount to EGP 3.69bn for the 2014/2015 year, according to Al-Mula.
EGP 45.5bn growth in deposits during 1Q 2014: CBE
Total government deposits at the end of March were EGP 169.412bn, decreasing EGP 1.29bn from December 2013, when deposits were EGP 170.702bn
Contempt of religion trial adjourned to 24 June
Christian man faces contempt of religion charge for social media activity
Domestic liquidity increases to EGP 1.44tn: CBE
Increase of net domestic and foreign assets in banking system contribute to a 11% increase in domestic liquidity, according to central bank report
Private business accounts for 63.2% of credit facilities end of March: CBE report
Central bank announces 2.6% increase in total credit facilities
Bank loan assets increase by EGP 7bn in March: CBE
Bank balances in March rose to EGP 559.444bn as compared to EGP 553.464bn in February and EGP 546.228bn in December of last year.
Constitutionality of Protest Law challenged
Court postpones lawsuit demanding the controversial law be deemed unconstitutional