Update: Sisi ratifies state budget with lower deficit of 8.9%
President Abdel Fattah al-Sisi ratified on Thursday the latest version of the state budget released by the Cabinet late Wednesday, which reduced the projected…
President Abdel Fattah al-Sisi ratified on Thursday the latest version of the state budget released by the Cabinet late Wednesday, which reduced the projected…
«Health economics has been a field of economics that has attracted great interest since the publication of Kenneth J. Arrow’s article, ‘Uncertainty and the Welfare Economics…»
The draft budget finalized by the Cabinet this week projects a deficit of 9.9 percent of GDP, or around LE281 billion for…
The brutally competitive worlds of advertising and Egypt’s telecom sector have collided — in Ramadan, nonetheless — to bring us one of the most controversial television commercials this year. Etisalat,…
An agreement between Egypt and the Emirati firm Capital City Partners to build a new administrative capital on the outskirts of Cairo…
Former President Hosni Mubarak’s assets in Switzerland have been frozen since he stepped down in February 2011, and there they remain to this day. A few years, several cabinets and…
A much-discussed, much-delayed smart card system to meter the distribution of subsidized fuel looks set to be postponed again at the…
Leaders of 26 African countries, including Egypt, agreed Wednesday to form the continent’s largest free trade zone. The deal, which was signed…
Egypt’s cost of living took a sharp uptick in May, with monthly inflation of 3.1 percent bringing the annual rate to 13.5…
Egypt’s net international reserves declined to US$19.559 billion at the end of May, the Central Bank reported. In April, reserves reached…
Egypt’s budget deficit widened to LE230.9 billion at the end of April, equivalent to 9.9 percent of GDP, according to the Finance…
Egypt’s current account deficit widened to US$8.38 billion from July 2014 to March 2015, the Central Bank of Egypt reported Sunday. At…
A proposed spending bill, published by the United States House of Representatives Tuesday, removes virtually all restrictions requiring that Egypt’s government demonstrate…
A version of this article was originally published May 26 on Africa Confidential and has been reprinted courtesy of the Angaza Foundation for Africa Reporting. Mada Masr has edited this…
Walking around the Egyptian museum, it is hard to imagine that just ten years ago this world famous attraction was crawling with foreign visitors. Nowadays, the museum is peacefully quiet,…
Egypt has purchased 4.06 tons of domestic wheat as of last week, announced supply minister Khaled Hanafy. The purchase is the country’s…
The Egyptian Stock Exchange made its biggest daily gain since July 2013 on Monday following news that the government put a 10…
Unemployment fell to 12.8 percent in the first quarter of 2015, down slightly from 12.9 percent the previous quarter, state statistics agency…
Egypt’s economic growth is projected to slow to three percent in the second half of the 2014/15 fiscal year, Minister of Planning Ashraf…
Egypt’s budget deficit widened to 9.4 percent of GDP by the end of March, according to the Ministry of Finance’s monthly bulletin…
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