Business News Wrap-Up

Mon, 26 Feb 2018 - 03:35 GMT

A wrap-up of the most prominent business news of the day

Egypt’s expenses record LE300.6 B in 4 months

Mon, 26 Feb 2018 - 11:13 GMT

Interest expenses acquired 36.8 percent of total expenses with an amount of LE 110.5 billion during the first four months of this fiscal year.

Overall, primary budget deficits drop in Q1 of FY 2017/18

Wed, 22 Nov 2017 - 05:05 GMT

The budget’s overall deficit dropped to 1.9 percent of GDP in the first quarter of fiscal year 2017/2018, compared to 2.5 percent last year.

Nahda demonstrations instigators to be punished: Higher Education min.

Sat, 18 Nov 2017 - 02:47 GMT

Abdel Ghafar stated that he formed a fact-finding committee to listen to all parties and identify the causes for rising tuition fees.

Minister: no intention to increase university expenses

Thu, 14 Sep 2017 - 06:18 GMT

Higher Education and Scientific Research Minister Khaled Abdel Ghaffar declared on Thursday that the government has no intention to increase university expenses during a press conference after the monthly meeting of the Supreme Council of Universities.

Pharos keeps Juhayna's FV at LE 8.8, overweight recommendation

Wed, 26 Jul 2017 - 02:19 GMT

Pharos Holding maintained the fair value (FV) for Juhayna Food Industries at LE 8.88, with an Overweight recommendation.