Economic professors, experts criticise government’s reform programme
IMF loan will not encourage Egyptian economy, says former finance minister
Latest in Tag: Ahmed Galal Highlight
Latest in Tag: Ahmed Galal
57% of Egypt’s companies are isolated from banks’ finance: EIB chief economist
Despite the progress accomplished by the government, effort is still needed to facilitate more investors and the private sector, says minister
Meet Ahmed Galal: three-time African champion in the six-red
Daily News Egypt met with Ahmed Galal, the African champion in the sport for the past three years. Galal also won fourth place in the 2000 African Decathlon Championship.
Economic reforms are weak and insufficient: 3 former ministers
The blurry monetary policy is an obstacle to economic growth, and development requires an effective political system, says former finance minister
Another victim of forced disappearance found shot to death
The family sent letter to the prosecutor general about their son’s disappearance and but all attempts to find him failed
Prominent Egyptian filmmaker Nader Galal dies at 73
Galal directed over 50 films and a number of television series
Economic Research Forum discusses alternative perspectives to social justice
In an attempt to examine what social justice is all about, the Economic Research Forum organised a breakout session on the first day of its 20th Annual Conference evaluating how it has evolved over time.
Striking workers not included in the minimum income system: Ministry of Finance
Business sector public companies and authorities “themselves” are responsible for raising the wages of their employees, Mesbah Qotb says
Government announces EGP 33.9bn second stimulus package spending
Total of EGP 21.7bn will be spent on investments; EGP 12bn will finance social programmes, including minimum wages
Financial aid to poor families will strengthen the social safety net: Finance Minister
Monthly cash stipends will benefit 2 to 3 million families
Budget deficit records EGP 89.4bn in first half of 2013/2014
Total value of revenues reaches EGP 175.4bn and total expenditure registers EGP 262bn, finance ministry says
Galal approves allocation of EGP 1.31bn funding to healthcare, education, other sectors
Allocations aimed at improving public services for citizens, finance minister says
Stimulus package almost ready
Government aims to reassure that Egypt safe for investors
Minister of Finance prepares for new constitution’s implementation
Ahmed Galal forms a committee to be tasked with reviewing the financial regulations and economic articles of the new constitution
Government has spent EGP 18bn of first stimulus package: Finance minister
The government’s stimulus package will yield results by the end of Q1 2014, Galal says
Government may raise taxes to meet expenditures: Finance ministry
Minister of Finance says additional revenue vital to reining in budget deficit
Expansionary economic policies prevent tax increases: Finance minister
The government will tackle a different tax system after revitalising the economy, says Minister of Finance
IMF delegation to visit Egypt in January
The delegation will resume talks about Value Added Tax draft law
Minister of Finance allots additional fund for different sectors
EGP 165m will be allocated for tourism, EGP 225m for petroleum, EGP 125m for industrial training, EGP 355m for improving railway crossings and EGP 11.5m for journalism
Finance minister discusses current economic situation and challenges for next government
Galal discloses that the CBE has held onto a $9bn deposit since the 1990s, which the government will use to finance its two stimulus packages
Prime Minister inaugurates Egyptian-Gulf Investment Forum
El-Beblawi said that economic progress cannot be achieved unless security, political stability and futuristic economic vision prevailed.
Real estate tax law is effective in industrial sector: Finance Minister
Galal noted that amendments to the real estate tax law have been approved after being presented to different economic and industrial sectors
Second stimulus plan is on the way: Minister of Finance
Galal says changes in expenditures and resources will lead to another stimulus plan
Property tax amendments to lessen economic burden on investors: Government official
Amendments to property taxes receive approval from cabinet, awaiting presidential approval
Ministers and investors confirmed for the Euromoney Egypt Conference
“Despite the road being long, there does appear to be a shared vision of where both the government and direct foreign investors want to be – and that is moving forward,” said Richard Banks, Regional Director of the Euromoney Conference.
Ministry of Finance to fight customs evasion
Government intends to make several changes that will help cut down on customs evasions
Government continues attempts to encourage exporting
Five main criteria were set to encourage exporting enterprises
Finance Minister discusses cooperation with UAE
Galal discussed with UAE Secretary of State cooperation in the fields of energy, health insurance and public debt management
Minister of Finance and acting American ambassador discuss business
Acting American ambassador says the United States is economically committed to Egypt
Government records EGP 240bn budget deficit in last fiscal year
59% of increases for government expenditures are for subsidies and debt settlements