US economy contracts in Q1 '25    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    EGP closes high vs. USD on Wednesday    Germany's regional inflation ticks up in April    Taiwan GDP surges on tech demand    Germany among EU's priciest labour markets – official data    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Egypt to boost marine protection with new tech partnership    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Egypt's Al-Mashat urges lower borrowing costs, more debt swaps at UN forum    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author MONA DIAA AMANY SABER
Gold rose 6.2% in November
http://www3.youm7.com/News.asp?NewsID=544829&SecID=297&IssueID=168 CAIRO: The price of gold rose 6.2 percent during November 2011, 21-carats at the price of 293.1 EGP. Meanwhile it was 220.4 EGP in November 2010, with a difference of increase of (...)

01 - 12 - 2011
EGP drops against dollar, rises against Euro, pound sterling
CAIRO: The exchange rate of the Egyptian pound (EGP) decreased against the U.S. dollar last week by 0.1 percent, bringing the exchange rate down to 5.968 EGP/1 USD, according to a weekly report issued by the Egyptian Information and Decision Support (...)

18 - 11 - 2011
Developing companies to discuss Egyptian economy
The Developing Companies Center for Research, Investment and Practice will hold a workshop to discuss the Egyptian economy in the post-revolution era. “Most economic analysis confirms that the January 25 Revolution harmed the Egyptian economy and (...)

15 - 10 - 2011
International report expects Egyptian economy to grow by 3.7%
The Egyptian economy is expected to post a growth rate for local income of 3.7 percent for the year 2011-2012, according to a recent international report prepared by the Unit for Exchanging Economic Information. The Egyptian general budget (...)

14 - 10 - 2011
Experts: Min of Finance needs new means of revenue
Egyptian economic experts said traditional measures to fund the budget are not enough, and new ways to rationalize expenditures and maximize revenues are needed. Currently, the budget deficit stands at 134 billion EGP (U.S. $22 (...)

06 - 10 - 2011
Ministry of Finance: 1.3b EGP outcome of treasury bills for 364 days
CAIRO: The Egyptian Ministry of Finance announced the treasury bills were sold by 1.3 billion EGP (U.S. $217.9 million) in today's auction. The cost benefit of treasury bills for 364 days reached 979.12 percent. Meanwhile it reached 481.12 (...)

19 - 08 - 2011
2.3b EGP for treasury bill tenders for 250 days
CAIRO: Egypt's Ministry of Finance has sold 2.325 billion EGP (U.S. $394 million) in treasury bills, the ministry said today. The ministry's official website said the average cost benefit of selling treasury bills for 350 days is 12.979 percent. (...)

12 - 08 - 2011
Min of Finance: Egypt will neither privatize nor nationalize
CAIRO: Egyptian Minister of Finance Hazem al-Beblawy said today that Egypt will neither privitize nor nationalize in the wake of its January 25 Revolution. “The Egyptian economy is passing through a difficult phase after the January 25 (...)

07 - 08 - 2011
EGP rises against the dollar
CAIRO: The value of the Egyptian pound rose against the American dollar by 0.04 percent in comparison to last week. According to the cabinet's statistics, it was recorded to be 5.947 EGP to the dollar. Meanwhile the value of the Egyptian pound (...)

23 - 07 - 2011
Egypt's Ministry of Finance studies procedures for financial stability
CAIRO: The Egyptian Ministry of Finance aims to achieve financial stability by carrying out new procedures. Financial stability may be achieved by reducing the general budget total debt to 60 to 65 percent of GDP by the year 2016. The Ministry (...)

10 - 07 - 2011
20% of poor do not have ration cards
The Social Contract Center carried out a study which showed that the current support system does not reach those who need aid, particularly by ration cards. The study showed that support for people who are not poor has reached 68 percent, which (...)

09 - 07 - 2011
1200EGP minimum wage would cost gov't $40m, says minister
Egyptian Minister of Finance Dr. Samir Radwan said, “We can't raise the minimum wage to 1,200 EGP (U.S. $201.9) in the upcoming financial year. That will increase the burden on the public budget by 237 million EGP (U.S. $40 million).” “700 EGP (...)

06 - 06 - 2011
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