Fitch Solutions Sees Egypt’s Fiscal Deficit Shrinking to 6.4% of GDP by FY 2019/20

• Sunday, 23rd December 2018
• by Invest Gate

Giant financial services provider Fitch Solutions said it anticipates Egypt's fiscal deficit to shrink from an estimated 9.4% of GDP in FY 2017/18 to 7.8% and 6.4% of GDP in FY 2018/19 and FY 2019/20, respectively ...

Egypt Revenues Leap 35.5% in Q1 FY2018/19: Minister

• Monday, 26th November 2018
• by Invest Gate

Egypt's Finance Minister Mohamed Maait said that the state's revenues soared by 35.5% in Q1 of FY 2018/19, putting the government on track to achieve its targeted primary budget surplus of 2%

Gov’t Delivers Beit Al Watan Lands in New Damietta

• Wednesday, 3rd October 2018
• by Invest Gate

Mohamed Ragab, Head of New Damietta Development Authority, said that the delivery of the fifth and complementary fifth phases of Beit Al Watan's lands started on October 1 and will be continuing until October 30

Gov’t Allocates EGP 586.6 mn to New Qena in FY2018/19

• Tuesday, 2nd October 2018
• by Invest Gate

Egyptian Prime Minister Mostafa Madbouly revealed that EGP 586.6 mn were allocated for the development of Upper Egypt’s New Qena in FY 2018/19

New Residential Project to Substitute Slum Areas, Alexandria

• Sunday, 15th January 2017
• by Yasmin El-Beih

A new residential project, Bashyer El Kheir 3, will be constructed in Alexandria to move residents living in slum areas to much safer homes, following a protocol signed by the Housing Ministry’s Deputy for Urban & Sl ...