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Economy
- Service : English General
- Category : Economy
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Finance Ministry: Total public expenditure hit EGP 124 bln in July-November of FY 2024-25
Date: 2024-12-31 21:48:22 GMT - Egypt - Economy - SN:51 - ID:11011576
CAIRO, Dec 31 (MENA) - The Finance Ministry announced that the total public expenditure in the general budget increased by nearly EGP 124 billion from July to November in the FY 2024/2025 to register EGP 1.3 trillion, compared to EGP 1.2 trillion in ....
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Tax revenues rise to EGP 714.3 bln in 5 months: Finance ministry
Date: 2024-12-31 21:30:51 GMT - Egypt - Economy - SN:48 - ID:11011579
CAIRO, Dec 31 (MENA) - Tax revenues rose by about 38.4%, or EGP 198.3 billion, during the period between July and November of Fiscal Year 2024/2025, to reach EGP 714.3 billion, compared to EGP 516 billion during the same period of the previous year. ....
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Private investments in Egypt surge 30% in Q1 FY 2024-25
Date: 2024-12-31 20:43:37 GMT - Egypt - Economy - SN:46 - ID:11011600
CAIRO, Dec 31 (MENA) – The Ministry of Planning, Economic Development and International Cooperation said that private investments in Egypt rose by 30% during the first quarter of the 2024/2025 fiscal year, reaching EGP 133.1 billion and accounting ....
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Egypt's bourse gains EGP 450 bln in 2024
Date: 2024-12-31 19:53:37 GMT - Egypt - Economy - SN:42 - ID:11011584
CAIRO, Dec 31 (MENA) - The Egyptian Exchange (EGX) gained nearly EGP 450 billion from transactions conducted in 2024, where the market capital recorded about EGP 2.169 trillion, compared to EGP 1.719 trillion in 2023, marking an increase of ....
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Egypt’s budget deficit drops 3.2% of GDP in five months
Date: 2024-12-31 19:46:14 GMT - Egypt - Economy - SN:40 - ID:11011582
CAIRO, Dec 31 (MENA) – The Ministry of Finance announced that Egypt's budget deficit dropped 3.2% of GDP during the first five months of the 2024/2025 fiscal year (July–November). In a statement, the ministry indicated that the deficit decreased ....
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Egypt’s GDP grows 3.5% in Q1 of FY 2024/2025
Date: 2024-12-31 18:46:29 GMT - Egypt - Economy - SN:35 - ID:11011598
CAIRO, Dec 31 (MENA) – The Ministry of Planning, Economic Development and International Cooperation announced that Egypt's GDP grew by 3.5% during the first quarter of the 2024/2025 fiscal year, up from 2.7% in the same period last year. The ....
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International Business Magazine names AMF "Most Innovative Company in Egypt for 2024"
Date: 2024-12-31 15:46:47 GMT - Egypt - Economy - SN:28 - ID:11011451
CAIRO, Dec 31 (MENA) - Al-Ahly Mortgage Finance (AMF), a subsidiary of the National Bank of Egypt, was named as the "Most Innovative Company in Egypt for 2024" by the International Business Magazine. This prestigious award recognizes AMF's ....
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Egyptian bourse gains EGP 30bln at last trading in 2024
Date: 2024-12-31 14:29:47 GMT - Egypt - Economy - SN:21 - ID:11011212
CAIRO, Dec 31 (MENA) - The Egyptian Exchange (EGX) indexes went up Tuesday at the last trading session in 2024. The capital market trading recorded nearly EGP 30 billion. The EGX 30 benchmark index increased 1.42% to reach 29,740.57 ....
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Sisi orders coordination between CBE, finance ministry on monetary policies
Date: 2024-12-31 13:43:45 GMT - Egypt - Economy - SN:20 - ID:11011261
CAIRO, Dec 31 (MENA) - President Abdel Fattah El Sisi has stressed the importance of continued coordination between the Central Bank of Egypt (CBE) and the Ministry of Finance on monetary policies to support stability of the country's economy, curb ....
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Khatib probes means to increase customs clearance operations, improve logistics service
Date: 2024-12-31 09:53:25 GMT - Egypt - Economy - SN:12 - ID:11010904
CAIRO, Dec 31 (MENA) - Minister of Investment and Foreign Trade Hassan El Khatib has expressed the state's keenness on improving customs clearance system to facilitate the missions of businessmen and foreign trade activities with Egypt. His ....
