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Primary surplus falls y-o-y in 1H2021-2022
Egypt generated a EGP 3.2 bn primary surplus in 1H2021-2022, Finance Minister Mohamed Maait said during the weekly cabinet meeting…
Our maiden sovereign sukuk issuance is inching closer
The Finance Ministry just got the green light to start preparing to take its first sovereign sukuk issuance to international…
Non-oil exports hit record USD 32 bn in 2021
Non-oil exports rose 26% y-o-y to hit a record USD 32 bn in 2021, up from USD 25.4 bn in…
THIS EVENING: Egypt registers EGP 3.2 primary surplus in 1H2021-2022 + South Korea’s President is in Cairo + UK inflation hit highest rate in three decades
Good afternoon, wonderful people. It’s been a pleasantly relaxing day for news after the insanity of this morning, so we…
UN + Switzerland to help make our industrial zones more environmentally-friendly
UN + Switzerland to help make our industrial zones more environmentally-friendly: The Trade and Industry Ministry has signed an agreement…
Where tires go to die
Where tires go to die: A few years back, the village of Mit El Haroun in Gharbia drew attention among…
Egypt takes out USD 10.3 bn of development loans in 2021
Egypt borrowed USD 10.3 bn from bilateral and multilateral lenders in 2021, according to the International Cooperation Ministry’s annual report…
EGP 30 bn to be pumped into state-owned oil companies next fiscal year
EGP 30 bn has been earmarked to develop state-owned oil companies in the FY2022-2023 budget, Oil Minister Tarek El Molla…
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