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Next fiscal year’s government budget pencils in 23.0% jump in revenues, 19.2% rise in expenditures
The gov’t sees the primary surplus reaching 4.0% of GDP
Industry Ministry launches new financing initiative
Good afternoon, friends. We have yet another busy week in the making. Topping the headlines is the announcement of a…
Government plans on issuing USD 2 bn in sukuk in 2025 through multiple offerings, Kouchouk says
The banks involved in the issuance are the same ones that managed our maiden sukuk issuance in February 2023
Egypt Post to issue upcoming retail bonds
The offering is part of a broader plan to cut debt costs and attract new investors
Supply Minister names new chairman for the Holding Company for Food Industries
The Holding Company for Food Industries has a new chairman: Supply Minister Sherif Farouk appointed Ayman Ismail as chairman of…
Fawry got an Islamic financing license from the FRA
PLUS- Siemens Gamesa, EETC to set up a 500 MW wind farm in the Gulf of Suez
Madbouly confirms gov't looking for a new valuation for Banque du Caire
The state still hasn't decided how big a stake it will offer, saying the valuation will factor in its decision
FinMin to issue amendments to the VAT Law
The measure comes as part of our reform program with the IMF
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