18K Egyptian expats in Kuwait get benefits of ‘Takaful’ initiative: Amb.

Thu, 09 Jul 2020 - 01:22 GMT

The embassy offered those expats 6,000 food baskets, travel tickets, and temporary places for their residence.

Addressing Parliament, Garhy speaks on subsidies, taxes, deficit

Tue, 08 May 2018 - 02:52 GMT

The Finance Minister addressed on Tuesday a general session at the parliament to discuss the final account of the state budget for fiscal year 2016/17.

Sisi praises social protection system, aspires for more ‘Aman’ issuance

Sun, 29 Apr 2018 - 11:29 GMT

President Abdel-Fatah al-Sisi said that he was “delighted” with the implementation of a social protection system that covers the poor and the needy.

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.

Saudi outperforms but insurer MedGulf hit by regulator warning

Wed, 04 Oct 2017 - 09:06 GMT

The Riyadh index was up 0.4 percent after 45 minutes of trade with the main support coming from the banking sector; National Commercial Bank was up 0.8 percent.

Gov’t provides housing units as part of larger safety net

Sun, 09 Jul 2017 - 04:28 GMT

The second phase of ‘Sotra’ project kicks off today, aiming to provide the country’s poorest with housing units.

Latest social measures to cost LE75B: Minister

Wed, 21 Jun 2017 - 01:04 GMT

The latest economic decisions taken by President Abdel Fatah al-Sisi will cost the government a total of LE 75 billion ($4.1 billion).

Exceptional public employees’ bonus cost LE 7.5B: Finance Ministry

Wed, 31 May 2017 - 07:30 GMT

The exceptional bonus for public employees, earmarked by the Cabinet, will be paid as of July 1.

Cabinet approves LE 45M allocations of social security programs

Mon, 29 May 2017 - 12:08 GMT

The Egyptian cabinet approved a new social solidarity package with a total value of LE 43 billion ($2.4 billion) in FY2017/18, Amr el-Garhy said Monday.

Billions of pounds allocated to the poor in new budget

Mon, 15 May 2017 - 07:30 GMT

The government is taking a handful of measures to protect the poor in the new budget for the fiscal year 2017/2018, which starts on July 1.