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Egypt’s building material exports growth rises by a record 478% thanks to EGP float
Egypt’s building materials exports grew by a record 478% y-o-y in January to EGP 7.68 bn thanks largely to the…
Egypt Politics + Economics
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Egypt Politics + Economics
Finance Ministry to amend FY2016-17 budget to account for float
The Finance Ministry plans to amend the FY2016-17 budget to account for additional expenditures incurred as a result of the…
Ahmed Ezz offers the state EGP 500 mn in exchange for reconciliation
Steel magnate Ahmed Ezz has reportedly offered the state EGP 500 mn to reconcile and settle all his legal disputes,…
Minimum pensions will reach EGP 1,220 per month by July 2021 -Social Solidarity Minister
Minimum pensions will rise to EGP 1,220 per month by July 2021, after which they will rise 10% annually, Social…
EU extends freezing Mubarak assets for three additional years
The European Union approved yesterday a request from Egypt to extend a freeze the European assets of former President Hosni…
Hosni, Gamal, and Alaa Mubarak file lawsuit to lift hold on EGP 61 mn
Former president Hosni Mubarak and his sons Alaa and Gamal filed a lawsuit against the Justice Minister and Prosecutor General…
State Commissioners body advises authorities to backtrack on Al Nadeem Center shut down
The State Commissioner’s body at the Council of State issued a report recommending that the government backtrack on its decision…
No 30% state salary increases -IDSC
The cabinet’s Information and Decision Support Center denied rumors that the government is raising salaries in FY2017-18’s budget by 30%…
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