News / Government

Egypt Budget Deficit Likely to Fall to 8.8% – WB

Egypt's budget deficit is believed to fall this fiscal year on the back of economic reforms, World bank believes

Egypt Is To Renew Financing Agreement With Global Banks

Egyptian Finance Minister Amr El-Garhy says he expects a financing agreement with a consortium of global banks will be renewed for another year

AREH 9-Month- Standalone Profit Falls

Egyptian exchange-listed company, Real Estate Egyptian Consortium (AREH), announces the nine- month- standalone- net profit after tax amounts to EGP 26 mn as opposed to its EGP 35.8 mn of last year

Ministry Grants Construction Licenses to 258 Industrial Projects

The Ministry of Trade and Industry granted construction licenses to 258 industrial projects in a number of Egyptian governorates and cities

Egypt Records Higher Foreign Reserves at End-September

Egypt's net foreign reserves rose at the end of September 2017

Japanese Schools in Egypt See 20,000 Applicants

A total of 20,701 applicants have registered in the new Japanese schools in Egypt since registration opened on September 27

Gov’t to Deliver 4,464 units in Dar Misr Phase I

The Armed Forces Engineering Authority completed new units in the first phase of Dar Misr medium-income housing project

Gov’t Starts Implementing Touristic Project in New Aswan

The government starts the implementation of the first phase of a touristic project in New Aswan City

Egypt Signs 8 Agreements With USAID Worth USD 121.6 mn

Egypt signed eight investment agreements with the United States Agency for International Development (USAID) worth USD 121.6 mn

Egypt Gov’t Delivers 173 New Units in Dar Misr

Egypt’s government is handing over new residential units in Dar Misr project designed for middle-income citizens

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