Finance Ministry
Egypt sees eurobond yield at 5.5-6 pct for Sept/Oct issuance
Business
August 21, 2016
Egypt sees eurobond yield at 5.5-6 pct for Sept/Oct issuance
Egypt expects its eurobond issuance at the end of September or early October to have a yield between 5.5 percent…
Price increase on govt services will quickly follow VAT law: Finance Ministry
Business
August 20, 2016
Price increase on govt services will quickly follow VAT law: Finance Ministry
The Egyptian government has said it will announce details of increased prices of certain public services as soon as the…
Egypt’s finance minister expects first tranche of IMF loan in six weeks
Business
August 12, 2016
Egypt’s finance minister expects first tranche of IMF loan in six weeks
Egypt expects to receive the first $4 billion tranche of a $12 billion three-year IMF loan facility within six weeks,…
Egypt’s cabinet approves draft tax settlement bill amid IMF talks
Business
August 11, 2016
Egypt’s cabinet approves draft tax settlement bill amid IMF talks
Egypt's government approved a draft bill that would settle tax disputes, the cabinet said in a statement on Wednesday, a…
Negotiations for $12 bn IMF loan going smoothly: finance minister
Business
August 5, 2016
Negotiations for $12 bn IMF loan going smoothly: finance minister
Finance Minister Amr al-Garhy has announced that talks with an International Monetary Fund delegation, which is currently visiting Cairo, have…
State-owned oil, banking and electricity firms to be privatized: Investment Ministry
Business
August 2, 2016
State-owned oil, banking and electricity firms to be privatized: Investment Ministry
The Egyptian government will target state-owned firms in the banking, petroleum and electricity sectors for the first wave of its…
IMF request fully floating Egyptian pound: senior gov’t official
Business
August 1, 2016
IMF request fully floating Egyptian pound: senior gov’t official
A senior government official has revealed an International Monatery Fund (IMF) suggestion to fully float the Egyptian pound against the…
Egypt participates for the first time in G20 finance ministers meeting in China
Business
February 26, 2016
Egypt participates for the first time in G20 finance ministers meeting in China
Egypt will participate in the G20 meeting of finance ministers and central bank governors for the first time on Friday…
Egyptian 3-month T-bill yields drop at auction, 9-month yields rise
Business
February 7, 2016
Egyptian 3-month T-bill yields drop at auction, 9-month yields rise
Yields on Egypt's three-month treasury bills dropped while those on its nine-month bills rose at Sunday's auction, data from the…
25.2% rise in tax returns in Jul-Oct 2015: Finance Ministry
Business
January 4, 2016
25.2% rise in tax returns in Jul-Oct 2015: Finance Ministry
Tax returns saw a 25.2 percent increase between July and October 2015, according to a monthly report by the Finance…