deficit

Egypt negotiates 25 million-euro grant with EU, World Bank
Business

Egypt negotiates 25 million-euro grant with EU, World Bank

Egypt has negotiated a 25 million-euro grant for development projects with the European Union and World Bank, an official with…
SCAF: Egypt has refused foreign aid with political strings attached
Egypt

SCAF: Egypt has refused foreign aid with political strings attached

Egypt has refused financial aid offers from the Gulf and other foreign countries because political conditions have been attached, member…
Egypt BoP deficit at US$9.2 bln in FY 2011
Business

Egypt BoP deficit at US$9.2 bln in FY 2011

Egypt had a balance of payments deficit of US$9.2 billion in the financial year 2010-11, reversing a surplus of $3.4…
Thursday’s papers: Budget deficit, minimum wage increases, and Mubarak’s trial
Egypt

Thursday’s papers: Budget deficit, minimum wage increases, and Mubarak’s trial

Thursday’s papers focus on budget discussions after the military-backed interim government on Wednesday released figures projecting the economy would grow…
Bankers predict further decline in foreign reserves
Business

Bankers predict further decline in foreign reserves

Experts have predicted a further decline in the Central Bank’s international reserves by the end of April, having reached US$30.1…
Egypt’s trade deficit jumps by over 40% in one year
Business

Egypt’s trade deficit jumps by over 40% in one year

Egypt's trade deficit climbed by 42.6 percent in October 2010 compared to the same month in 2009, the Central Agency…
Wages are untouchable, says official
Business

Wages are untouchable, says official

At a symposium of the Cairo University Faculty of Economics and Political Science on Wednesday, Assistant Finance Minister Hani Qadri…
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