Ministry of Finance
Parliament ratifies law jailing creators, administrators of ‘dangerous’ websites
Egypt
April 11, 2018
Parliament ratifies law jailing creators, administrators of ‘dangerous’ websites
Parliament’s Communication and Technology Committee ratified a law that jails anyone who creates, administrates or uses a website or a…
Egypt selling bonds worth 2 billion euros
Business
April 11, 2018
Egypt selling bonds worth 2 billion euros
Egypt is selling international bonds valued at 2 billion euros through two tranches, with maturities of eight and 12 years…
Govt’s public offering not limited to offered companies only: Finance Minister
Business
March 20, 2018
Govt’s public offering not limited to offered companies only: Finance Minister
Minister of Finance Amr al-Garhy said that the initial public offering (IPO) program for government companies placed on the stock exchange…
PM, Finance Ministry officials meet to discuss new budget
Economy
March 6, 2018
PM, Finance Ministry officials meet to discuss new budget
Prime Minister Sherif Ismail discussed economic indicators for the current fiscal year and the new budget for the 2018/2019 fiscal…
External debt is $79 bn, says Finance Minister after financial outlook improves
Business
January 17, 2018
External debt is $79 bn, says Finance Minister after financial outlook improves
Minister of Finance Amr al-Jarhi stated on Tuesday that Egypt’s external debt stood at $79 billion at the end of…
Annual inflation rate declines by 0.2%, lowest since November 2015: CAPMAS
Egypt
January 11, 2018
Annual inflation rate declines by 0.2%, lowest since November 2015: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) stated on Wednesday that the annual inflation rate declined by 0.2…
Egypt to receive $2 billion as part of IMF loan in June or July: Deputy Finance Minister
Egypt
December 24, 2017
Egypt to receive $2 billion as part of IMF loan in June or July: Deputy Finance Minister
Egypt will receive $2 billion in the fourth disbursal from a $12 billion International Monetary Fund loan in June or…
Egypt’s budget 2017/2018 exceeds one trillion pounds
Egypt
March 11, 2017
Egypt’s budget 2017/2018 exceeds one trillion pounds
Egypt’s Finance Ministry completed the drafting of the state budget for the next fiscal year 2018/2017, amid extreme secrecy about…
Egypt’s yields on 91-day, 266-day T-bills jump at auction
Business
March 27, 2016
Egypt’s yields on 91-day, 266-day T-bills jump at auction
Yields on Egypt's three-month and nine-month treasury bills rose at an auction on Sunday, finance ministry data showed.The average yield…
Egypt racing time to bridge budget gap with Islamic bonds: Finance Ministry
Business
February 28, 2016
Egypt racing time to bridge budget gap with Islamic bonds: Finance Ministry
The Ministry of Finance is working on amendments to laws regulating the issuance of Islamic bonds (sukuk) as a means…