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Government to decide on next payment of overdue export subsidies next month
Government to decide on next month on payment of overdue export subsidies: The government will decide next month when and…
Government is postponing decision to cut gas prices for factories
Government postpones decision on cutting gas prices for factories: The cabinet is postponing a decision to cut natural gas prices…
Government expects to announce list of IPO companies within two weeks
Government expects to announce list of companies for privatization program within two weeks: The government is preparing a list of…
Government reviews FX rate, oil price at 2018/2019 budget
FinMin sees growth accelerating, forecasts weaker average EGP exchange rate this fiscal year, will budget for oil at USD 67…
January inflation inches up, economists expect rates to remain steady on Thursday
Expect the CBE to leave interest rates on hold this Thursday after inflation rises slightly in January: Egypt’s annual headline…
Zohr output increases to 2.1 bcf/d
Zohr output increases to 2.1 bcf/d: Output at Zohr natural gas field has increased to 2.1 billion cubic feet per…
China Development Bank offers USD 3.7 bn in financing to Egypt’s EEHC
BANKING WATCH- The China Development Bank is offering USD 3.7 bn in financing to the Egyptian Electricity Holding Company for…
Egypt launches fund to reform state-owned enterprises
New fund for state-owned enterprises: The Madbouly Cabinet approved last week setting up a fund to finance the overhaul of…
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