treasury

Total investments financed by Egypt's treasury rise to LE82B in H1 2021/22

Tue, 01 Feb 2022 - 12:23 GMT

Spending on the health, education, and social protection sectors increased by 30.4%, 21.1%, and 20.6% respectively during the period from July to the end of last December, compared to the same period of the last fiscal year.

Egypt's treasury bears LE 73.3M as part of vehicle replacement initiative

Wed, 04 Aug 2021 - 02:03 GMT

The minister indicated in a statement issued Wednesday that 3,000 citizens have acquired their new cars since the start of delivery in April to the end of July 2021.

Egypt's public investment in FY2020/21 is 'unprecedented': min.

Sun, 02 Aug 2020 - 11:38 GMT

The aim of such investment is creating job opportunities, and inhibiting economic slowdown amid the COVID-19 crisis.

Draft bill to end debt conflict between Treasury, Social Insurance

Sun, 14 Jul 2019 - 11:02 GMT

The Treasury Authority owes the National Social Insurance Authority LE 642 billion.

Tax revenues represent 72% to %75 of state's treasury

Wed, 23 Jan 2019 - 05:54 GMT

For his part, Deputy Chairman of the Egyptian Tax Authority Reda Abdel Kader said that the aim of the digitalization is to facilitate the service for the tax community.

Egypt is a haven market for traders: Bloomberg

Fri, 17 Aug 2018 - 09:50 GMT

In light of volatile economies the world faces nowadays, Bloomberg reviewed Egypt's economy in a report, referring to it as the traders’ refuge from volatility.

Cabinet to transfer percentage of funds, private accounts to state treasury

Thu, 12 Jul 2018 - 06:50 GMT

The Cabinet approved during a meeting under Prime minister Mostafa Madbouli on Thursday a number of decrees and draft laws

U.S. Treasury chief may visit China as trade tensions simmer

Sun, 22 Apr 2018 - 12:10 GMT

U.S. Treasury Secretary Steven Mnuchin said on Saturday he may travel to China, a move that could ease tensions between the world's two largest economies.

Proceeds of €2B Eurobonds to reach CBE’s treasury Monday

Mon, 16 Apr 2018 - 08:56 GMT

The settlement of Egypt's first €2 billion euro-denominated international bond issue will take place on Monday.

Asia stocks edge up on tech shares, U.S. inflation data awaited

Tue, 13 Mar 2018 - 07:55 GMT

Asian stocks edged up on Tuesday with technology shares buoyed by gains in their Wall Street peers, but gains were limited ahead of U.S. inflation data.

Stocks rally as Fed eases rate worry, tech climbs

Sat, 24 Feb 2018 - 09:46 GMT

U.S. stocks rallied on Friday, lifted by gains in technology stocks and a retreat in Treasury yields.

Euro holds near three-year highs as rising yields fail to lift dollar

Fri, 02 Feb 2018 - 12:20 GMT

The euro held above $1.25 on Friday, continuing a strong week in which rising U.S. treasury yields failed to lift the dollar while the euro zone's economic revival.

Government borrows LE 2.5B in T-bonds Monday

Mon, 11 Dec 2017 - 07:35 GMT

The T-bills are to be offered at LE 1.5 billion with a three-year term and at LE 1 billion with a seven-year term.

Government borrows LE 2.5B in T-bonds Monday

Mon, 27 Nov 2017 - 08:18 GMT

The T-bills are to be offered at LE 1.5 billion with a three-year term and at LE 1 billion with a seven-year term.

EXCLUSIVE: State has not paid a penny in WYF: Governor of S. Sinai

Sun, 05 Nov 2017 - 03:33 GMT

I reassure all the citizens no funds were paid out of the state treasury at all,” Khaled Fouda, governor of South Sinai, stated to Egypt Today.

Average yields fall on Egypt's three- and nine-month T-bills

Sun, 29 Oct 2017 - 01:07 GMT

Average yields on Egypt’s three- and nine-month treasury bills fell at auction on Sunday, central bank data showed.

U.S. yield curve flattens, world stocks dip; focus on possible December hike

Thu, 21 Sep 2017 - 05:17 GMT

The U.S. Treasury yield curve flattened to a two-and-a half month low and key world stock markets fell on Thursday.

LE 6.7 billion restored to state treasury

Tue, 12 Sep 2017 - 11:18 GMT

The Ministry of Justice successfully restored L.E 6.7 billion ($17.6 million) to the state treasury, according to the assistant justice minister.

U.S. targets Chinese and Russia entities over North Korea

Tue, 22 Aug 2017 - 05:08 GMT

The United States is imposing new North Korea-related sanctions, targeting Chinese and Russian firms and individuals for supporting Pyongyang's weapons programs, U.S. officials announced on Tuesday

Average yields fall on Egypt's three- and nine-month T-bills

Sun, 20 Aug 2017 - 01:51 GMT

The average yields on Egypt's three- and nine-month treasury bills fell at an auction on Sunday, central bank data showed.

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