S&P Affirms Egypt’s Ratings at ‘B-/B’
Standard & Poor's Ratings Services on Friday maintained the credit ratings of the Arab republic of Egypt and…
Browsing Tag
gulf aids to egypt
Egypt Braces for $9.1 Billion in Aid from Gulf – Government Source
Egypt is set to receive over the coming weeks a new financial package worth US$ 9.1 billion from the GCC states, a…
CBE: Egypt’s Forex Reserves Dip to $17.8 bln in Nov
Egypt's foreign exchange reserves fell by around $ 825 million to $ 17.765 billion in November from $ 18.590…
Gulf States, Minus Qatar, Rally Egypt Investment to Buoy Army Power
With one notable exception, wealthy Gulf Arab states are encouraging investment in Egypt to help shore up its…
Egypt Relies on Gulf Aid for Economy: Then What?
Egypt is engaged in a high stakes gamble, using billions of dollars from Gulf Arab allies to stimulate the economy…
Sawiris Family Plans to Inject EGP4 bln Investments in Egypt Early 2014
Egypt Investment Billionaire Naguib Sawiris is expecting that the Egyptian market will witness an influx of foreign…
Powered by UAE Aid Package, Egypt Shares Gain EGP1.8 bln at Close
Following the announcement of an agreement between Egypt and the UAE over $ 4.9 billion worth of aid for the North…
IMF Commends Egypt $3 bln Plan to Create Jobs, Boost Economy
The International Monetary Fund commended Egypt’s plan to boost public spending by $3 billion to create jobs and…
Interview – Egypt Plans New Stimulus Package in Early 2014: Minister
Egypt plans a second stimulus package worth billions of dollars early next year, its trade and industry minister…
Egypt to Return $1bln Deposit to Qatar in Two Months – Official
The Central Bank of Egypt (CBE) Governor Hisham Ramez said on Tuesday Egypt will return US$1 billion deposit to…
