Continual sit-ins outside the Cabinet prompted the Election Coordination Committee's operation room to move to the Supreme Electoral Committee's building until the first stage of the elections are finished.
The head of the committee, Hani (...)
CAIRO: The issue of whether Egyptians living abroad will be able to vote in upcoming parliamentary elections or not will be decided on Tuesday, according to Hany Mahmoud, head of Egypt's electoral coordination committee.
Mahmoud said the (...)
Egypt's government needs to review IMF's offer of the loan of U.S. $3.2 billion to Egypt, according to Egyptian Minister of Finance, Hazem al-Beblawi. "Egypt urgently needs this loan at the present moment, but there are no discussions held yet (...)
The Egyptian government will announce a maximum wage for all administrative workers in the next month, said Finance Minister and Deputy Prime Minister Hazem el-Beblawy.
Workers in ministries, banks, departments and companies belonging to the (...)
Egypt has repaid bonds estimated at $1 billion U.S. dollars over ten years, according to the credit department at the global association for financial services, BNY Mellon.
The company, which is the financial agent for transactions and transfers, (...)
CAIRO: Egyptian Minister of Finance Samir Radwan said tax revenues for the last financial year of 2010/2011 reached 169.7 billion Egyptian pounds, and that they were 146.7 billion EGP last year, meaning the rate of development reached 15.6 (...)
CAIRO: An official in Egypt's Ministry of Finance said the military council has not drawn up the new budget for the financial year 2011/2012, despite three days passing of the new financial year. This caused a lot of confusion within the (...)