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State to fall short on tax revenue target pledged for next year -source
The Finance Ministry’s target for tax collection in the FY2017-18 budget could fall short of the IMF’s target, an unnamed…
Egypt Politics + Economics
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Egypt Politics + Economics
Free Egyptians Party to hold leadership elections amid fracturing
The Free Egyptians Party plans to hold elections on 24 March for party leader and has begun accepting nominations despite…
Mubarak defense team permitted to amend appeal in trial on cutting communications during 25 January revolution
Former President Hosni Mubarak’s defense team will be allowed to re-submit an appeal against a verdict handed down to Mubarak,…
Egypt to open the first public free zone in two months’ time -Khodeir
Egypt plans to launch the first public free trade zone in two months’ time, General Authority for Free Zones and…
Supply Minister Ali El Moselhy considers cuts to bread point system
Supply Minister Ali El Moselhy is reportedly looking into a proposal to cut the number of loaves of bread under…
Cairo Court to look into yet another attempt to challenge the annulment of the Saudi island transfer agreement
The Cairo Court of Urgent Matters will hold its first hearing today on yet another attempt to challenge the Administrative…
Sawiris sues Free Egyptians Party for expelling him
The Sawiris-Free Egyptians Party beef took another turn this week, with Naguib Sawiris filing a lawsuit against the party’s head…
M2 money supply up 41.51% y-o-y
M2 money supply increased by 41.51% y-o-y by the end of January, according to CBE data, as per Reuters. M2…
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