Tag: finance ministry

Tourism ministry aims to increase profits to $10.5bn by FY 2014/2015 end

Ministry of Finance raises allocations to TAA to participate in 21 tourism…

Abdel Razek Al-Shuwekhi

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…

Daily News Egypt

90% of energy subsidies to be lifted within 3 years: Finance minister

IMF assessment of Egypt’s economy still due before the economic summit, with…

Daily News Egypt

Suez Canal investment certificates announced Monday: Finance ministry official

The official expected the certificates to collect between EGP 30bn and EGP…

Sara Aggour

Finance Ministry expects EGP11bn from special funds and accounts for FY 2014/2015: Ministry official

Annual profit deduction of 10% compared to last year’s 20%, to strengthen…

Abdel Razek Al-Shuwekhi

Returns on treasury bills rise, negative impact on economic growth expected

Prices jumped 1% for returns on treasury bills in the hours after…

Mohamed Ayyad

No increases in cigarettes selling prices: Head of Egyptian Tax Authority

Minister of Finance had earlier announced new selling prices

Sara Aggour

Government sells $1.07bn in one-year dollar-denominated T-bills

Reuters - The Egyptian government accepted bids for $1.07bn worth of one-year…

Daily News Egypt

Finance ministry hopes to cut budget deficit to 10% after minimum income implementation

The new law will cost the Treasury upwards of EGP20bn.

Daily News Egypt

Galal to Beltone Financial: Egypt targeting budget deficit of 9% in 2013-2014

The conference call is the second held by Beltone following last week’s…

Daily News Egypt