Egypt to reduce public debt to 92% of GDP in FY 2018-19
12/08/2018Egyptian Finance Minister Mohamed Ma’it said the country will reduce its public debt to 92 percent of the GDP in the budget of the current fiscal year 2018-2019, state-run Ahram.
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Most Recent News
Consumer durable goods imports to Egypt increase 57% in 5 months
11/08/2018Egyptian imports of consumer durable goods increased by 57 percent in January-May 2018 to record $ 2.122 billion compared to 1.35 in 2017. According to state’s foreign trade statistics, imports.
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Egypt in process to launch extra units in new capital
11/08/2018Egypt’s Ministry of Housing will roll out a number of additional units at the Capital Residents District in the country’s new administrative capital, said Prime Minister Moustafa Madbouly on Thursday..
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International
Trump tells Sisi U.S., Egypt will fight Islamist militants together
04/04/2017By Steve Holland U.S. President Donald Trump moved to reset U.S. relations with Egyptian President Abdel Fattah al-Sisi on Monday after the prior Obama administration’s strained ties,.
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Trade and Investment
Egypt’s Feb Annual Urban Consumer Price Inflation Hits 30-Yr High
09/03/2017Egypt’s annual urban consumer price inflation soared to its highest level in more than three decades, hitting 30.2 percent in February, statistics agency CAPMAS said on Thursday..
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Development Stories
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EU Pushes Migration Talks with Tunisia, Egypt
21/02/2017The European Union is offering simplified visa procedures and increased economic aid to Tunisia and Egypt in exchange for smoother deportations of unwanted African migrants, two senior officials in Brussels.
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Trade and Investment
Egypt Making Good Progress in IMF Programme, Lagarde Says
14/02/2017Egypt is making good progress in its $12 billion loan programme with the International Monetary Fund and its currency may be stabilising after plunging to record lows, IMF Managing Director.
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Trade and Investment
Gold Miner Centamin to Pay about $100 Mln to Egypt in 2017
01/02/2017Centamin, the operator of Egypt’s only commercial gold mine, expects to pay about $100 million during its first full year of profit sharing with the government in 2017, subject to.
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Peace and Security
Trump Commits to Bilateral Ties with Egypt
24/01/2017Egyptian President Abdel Fattah al-Sisi and U.S. President Donald Trump discussed ways to boost the fight against terrorism and extremism on Monday and the new American leader underscored his commitment.
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Governance and Policy
Egypt: Why Sissi Is Supporting Syrian Gov’t
24/11/2016Egyptian President Abdel Fattah al-Sissi recently said his country’s support of the Syrian regime against what he called “extremists” is necessary for the stability of the region. “Our.
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