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El Sisi orders comprehensive anti-terrorism strategy
President Abdel Fattah El Sisi ordered the Supreme Anti-terrorism Council to develop a strategy to combat extremist ideology in Egypt…
Egypt Politics + Economics
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Egypt Politics + Economics
Leaving interest rates high will curb GDP growth -FEI Food Industries Division
Leaving interest rates high will curb GDP growth as high borrowing costs force companies to cut outlays on CAPEX, Federation…
Yields on six-month, one-year T-bills fall
Average yields on six-month and one-year treasury bills fell at Thursday’s auction, Reuters reports. Average yields on the 182-day bill…
Suez Canal revenues record USD 447.1 mn in July
Suez Canal revenues increased 4.7% m-o-m in July to USD 447.1 mn, Reuters reports.
ECA to begin reviewing case against electricity distribution companies this week
Egyptian Competition Authority (ECA) will meet with Electricity Holding Company officials this week to discuss a case brought against six…
Finance Ministry to consolidate state bank accounts into TSA by end of November
The Finance Ministry expects to consolidate all state bank accounts into a Treasury Single Account (TSA) by the end of…
Prime Minister Ismail discusses strategy to revamp state media with heads of media regulatory bodies
The government is drafting a three-year plan to revamp the financial and organizational structure of state newspapers and state-owned media,…
Gamaa Islamiya’s political wing elects anti-Ikhwan chairman
Gamaa Islamiya’s political arm, the Reconstruction and Development Party, elected Mohamed Tayseer as its new chairman Saturday in a bid…
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