Update: Egyptian cabinet approves budget draft for FY 2015/2016
Government targets 9.9% budget deficit, 23% increase in revenues and a 5%…
Public debt increases to 93.8% of GDP, poses risk to economy: Economists
High rate of public debt makes banks unable to fund budget deficit,…
Availability of foreign currency, public debt growth largest challenges for encouraging investment: World Bank economist
Poverty rates are still high, especially in Upper Egypt
External debt decreases by 10.3% in December: CBE
Decrease due to repaying facilities and loans, as well as fall back…
There will never be a perfect timing for summit: Former Finance Minister
Government was sluggish in launching new investment law, investors were not given…
Egypt looking to mend economy with energy moves
By Oxford Business Group Egypt has been making impressive progress in…
Qalaa reduces losses by 67% to EGP 59.6m in Q3 2014
Investment company seeking shift to profitability in 2016, expects to reduce debt…
Government hopes to pay full debts owed to foreign partners over coming 6 months
Debts owed to foreign companies have plagued all governments since 2008
AU panel discusses Sudan stability, security issues
Shoukry underlines efforts made to enable Libyan government restore stability
Government prepares new economic stimulus package: Finance Ministry
The new package aims to revitalise and expand the activities of the…
