Latest in Tag: finance ministry Highlight
Latest in Tag: finance ministry

Galal to Beltone Financial: Egypt targeting budget deficit of 9% in 2013-2014
The conference call is the second held by Beltone following last week’s call with presidential advisor Mostafa Hegazy.

Attracting investment is top priority: finance minister
Galal: “Social justice will be a primary component of new government policy.”

Finance ministry affirms commitment to timely foreign debt payment
On Monday, the advisor of the finance minister, Hamdy Samir,confirmed the ministry’s commitment to timely debt payment.

Morsi’s adviser says “IMF responsible” for loan delay
IMF held up by lack of signs of political consensus over the $4.8bn

Disapproval over increased taxes on bank loan loss provisions
Banking figures dissatisfied with Shura Council’s decision to raise taxes on loan loss provisions, likely to affect investments

Bad for business
A few days ago I told a Tunisian friend who just arrived some stories about the Egyptian political scene. She listened to me intently while suppressing her laughter, and after I was finished her only comment was: “Cheap Drama..You guys are living in a cheap drama.” I have found her comment not only a fantastic …

Egypt taxi drivers storm finance ministry gates
The new taxis were bought through financing, and many drivers now say they cannot afford to keep up with payments amid increasing inflation.

Finance Ministry releases first coupon for variable yield bonds
The Finance Ministry has previously used similar financial tools as measures to test the performance strength of Islamic bonds and the extent to which they will be attractive for investors.
International bid for new electricity plant
2,000 megawatts lost over the last two days due to lack of natural gas

Centamin fuel supply to resume
Operations remain suspended due to a shortfall in working capital