finance minister
Finance Minister’s adviser, 3 others referred to court on bribery charges
Egypt
May 15, 2017
Finance Minister’s adviser, 3 others referred to court on bribery charges
Top prosecutor Nabil Sadek referred Tarek Abdel Wahab, adviser to the Finance Minister for real estate tax affairs, Mahmoud Fakhr…
Egypt says foreign investment in treasuries set to reach $10-11 bln in one year
Business
January 15, 2017
Egypt says foreign investment in treasuries set to reach $10-11 bln in one year
Egyptian Finance Minister Amr El Garhy said on Sunday he expected foreign investment in Egyptian treasury instruments to reach about…
Egypt to gather additional $6 bln required for IMF deal
Business
October 18, 2016
Egypt to gather additional $6 bln required for IMF deal
Egyptian Finance Minister Amr El Garhy said on Monday his country would gather an additional $6 billion in bilateral funding…
Egypt eyes $2-3 bln deposit from Saudi Arabia to help seal IMF deal
Business
September 8, 2016
Egypt eyes $2-3 bln deposit from Saudi Arabia to help seal IMF deal
Egypt is in advanced talks with Saudi Arabia to secure a new deposit worth $2-3 billion as part of about…
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…
Finland’s co-ruling NCP ousts finance minister Stubb as party chief
World
June 11, 2016
Finland’s co-ruling NCP ousts finance minister Stubb as party chief
Finland's National Coalition Party voted on Saturday to replace Finance Minister Alexander Stubb as leader, hoping to revive flagging support…
Former finance minister: Dangers facing Egyptian economy becoming less intense
Business
September 8, 2015
Former finance minister: Dangers facing Egyptian economy becoming less intense
Former Finance Minister Ahmed Galal has said that the Egyptian economy can grow by between 4 and 4.5 percent with…
Minister confirms public employees’ wages will not be reduced after law amendment
Economy
July 29, 2015
Minister confirms public employees’ wages will not be reduced after law amendment
Wage rates will not be reduced despite an ongoing debate on the application of the new Civil Service Law, Finance…
Finance minister welcomes S&P’s upgrading of Egypt’s outlook to ‘positive’
Business
May 15, 2015
Finance minister welcomes S&P’s upgrading of Egypt’s outlook to ‘positive’
Egypt's finance minister welcomed on Friday a revision of ratings provider Standard and Poor's outlook on Egypt from "stable" to…
Minister: LE11 billion to be allocated for state security pensions
Business
April 27, 2015
Minister: LE11 billion to be allocated for state security pensions
Finance Minister Hani Qadri Dimian said LE11 billion will be allocated for social security pensions in the 2015-2016 state budget, covering…