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Domestic liquidity hits EGP 3.294 trillion by end of February - CBE
Date: 2018-06-24 16:56:56 GMT - Egypt - Economy - SN:72 - ID:7457850
CAIRO, June 24 (MENA) - Domestic liquidity has increased to about 3.294 trillion pounds at the end of February, registering a rise worth 376.7 billion pounds, a Central Bank of Egypt (CBE) report showed. The report pointed out that the increase ....
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Egypt's domestic debt hits EGP 3.414 trillion by end of December 2017 - CBE
Date: 2018-06-24 16:53:03 GMT - Egypt - Economy - SN:71 - ID:7457659
CAIRO, June 24 (MENA) – Egypt's domestic debt reached EGP 3.414 trillion by the end of December 2017, representing 83.8 percent of the country's gross domestic product, the Central Bank of Egypt said in a report Sunday. The domestic debt payable ....
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House of Representatives approves El Ramel Tram grant agreement with AFD
Date: 2018-06-24 16:50:21 GMT - Egypt - Parliament - SN:70 - ID:7457578
CAIRO, June 24 (MENA) - The House of Representatives approved in its general session on Sunday President Abdel Fattah El Sisi's decision no. 231 of 2018 concerning the approval of a grant agreement worth €8 million between the state and the French ....
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Sisi approves new social housing, mortgage funding law
Date: 2018-06-24 16:49:26 GMT - Egypt - Politics and Diplomacy - SN:69 - ID:7457744
CAIRO, June 24 (MENA) – President Abdel Fattah El Sisi approved Law no. 93 of 2018 concerning social housing and mortgage funding law. The law aims at establishing a fund to run social housing and mortgage funding affairs that will be under the ....
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CBE: Banking sector loans reach EGP 1.503 trillion in February
Date: 2018-06-24 15:53:31 GMT - Egypt - Economy - SN:68 - ID:7457743
CAIRO, June 24 (MENA) – The Central Bank of Egypt said that the banking sector loans rose by 27 billion pounds by the end of February 2018, to record about 1.503 trillion pounds, compared to 1.476 trillion pounds in January 2018. In a report, the ....
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Sisi approves law regulating business of street food carts
Date: 2018-06-24 15:50:00 GMT - Egypt - Egypt - SN:67 - ID:7457755
CAIRO, June 24 (MENA) - President Abdel Fattah El Sisi approved on Sunday a law to regulate the work of food carts in Egypt. The law no. 92 of 2018 allows the sale, preparation and cooking of food by mobile food units under a license issued by ....
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Finance Ministry: Budget deficit reaches EGP 259bn in 8 months
Date: 2018-06-24 15:37:46 GMT - Egypt - Economy - SN:66 - ID:7457747
CAIRO, June 24 (MENA) - The budget deficit has reached 258.9 billion pounds during the period from July 2017 to February 2018, the Finance Ministry said in a report. This deficit makes up 6.5 percent of the country's gross domestic product, it ....
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Sisi ratifies issuing Industrial Development Authority law
Date: 2018-06-24 15:28:40 GMT - Egypt - Egypt - SN:65 - ID:7457749
CAIRO, June 24 (MENA) - Presidnet Abdel Fattah El Sisi on Sunday okayed the issuance of law no. 95 of 2018 on the Industrial Development Authority (IDA), after the approval of the House of Representatives. The provisions of the law don't ....
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Finance Ministry auctions EGP 15.7 bln T-bills
Date: 2018-06-24 15:23:12 GMT - Egypt - Economy - SN:64 - ID:7457668
CAIRO, June 24 (MENA) – The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 15.7 billion. In an online statement, the ministry said it sold EGP 7.7 billion of 91-day T-bills with an average interest rate hitting 19.468 ....
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Parl't observes moment of silence in memory of engineer who came up with idea to destroy Bar Lev Line
Date: 2018-06-24 15:19:23 GMT - Egypt - Parliament - SN:63 - ID:7457600
CAIRO, June 24 (MENA) – House of Representatives members observed a minute’s silence in memory of engineer Baki Zaki Youssef who came up with the idea to destroy the Israeli Bar Lev Line during October War 1973. During the parliament’s session on ....
