Edita to revise 2019/20 capex budget to cover key projects
Despite slashing capex budget to EGP 650m from EGP 790m, management optimistic…
World Bank praises Egypt’s reducing new electricity connection timeframe to 18 days
Electricity Ministry has programme to replace overhead cables with ground cables
IMF approves immediate disbursement of $2bn under Egypt’s $5.2bn SBA loan
Remainder of SBA loan will be phased over two reviews
Planning Minister meets senior ILO official to discuss cooperation programmes
During the meeting on Saturday, El-Said covered proposals to amend Egypt’s labour…
SCZone reports EGP 9.4bn in revenues from 6 seaports
Developing power stations in partnership with industrial developers costs EGP 4.4bn, says…
Industry Ministry finalises Alexandria’s Mergham 2 Plastics Industries Complex
MSMEDA has made EGP 10.6m worth of finance available to 13 customers,…
Electronic tax invoicing on trial starting 30 June
Centralised system enables Egyptian Tax Authority to monitor all commercial transactions between…
Egypt repays over $20bn worth external debts in 4 months
In statements to the Middle East News Agency (MENA), the source added…
Egypt to borrow EGP 600bn through T-bills, T-bonds in 3 months
Finance Ministry to issue EGP 499.5bn of T-bills, EGP 100.5bn of T-bonds…
IMF approves 12-month $5.2bn Stand-By Arrangement for Egypt
New IMF arrangement aims to help Egypt cope with the challenges posed…