Money Moody’s sees Egypt’s liquid foreign exchange reserve buffer to fall to $30… Ahmed Ali May 12, 2020 1 Moody's estimated on Monday that Egypt's liquid foreign exchange reserve buffer will decline to about $30 billion…
Money Moody’s: Egypt capital outflows hit $15 billion in March and April Ahmed Ali May 12, 2020 0 Moody's said on Monday it estimates that about $15 billion in capital outflows from Egypt occurred during March and…
Money Moody’s estimates Egypt’s economic growth to slow below 3% in FY2020/21 Ahmed Ali May 12, 2020 0 Moody’s said on Monday it estimates Egypt’s economic growth to slow below 3 percent in the financial year…
Money Moody’s affirms Egypt’s B2 rating with stable outlook Ahmed Ali May 12, 2020 0 Moody's has affirmed on Monday Egypt’s long-term foreign and local currency issuer ratings at B2, with an outlook…
Money IMF approves $2.772 billion in emergency support to Egypt to address coronavirus Ahmed Ali May 12, 2020 0 The executive board of the International Monetary Fund (IMF) has approved on Monday a $2.772 billion worth of…
Money Banque Misr approves EGP 1 billion loan for Sawiris’ ZED flagship Ahmed Ali May 11, 2020 0 Egypt’s Banque Misr has approved on Sunday a 1 billion Egyptian pound ($63.5 million) loan in favour of Naguib…
Money Exclusive: Shares of banks in Egypt’s Madinet Nasr for Housing loan Ahmed Ali May 10, 2020 0 A consortium of three banks agreed on Thursday to provide Egypt’s Madinet Nasr for Housing and Development (MNHD) a…
Banks Banks operating in Egypt financial position increase during February Ahmed Ali May 9, 2020 0 The total financial position of banks operating in Egypt increased to 5.985 trillion Egyptian pounds at the end of…
Money IMF to consider Egypt’s rapid financing loan request on May 11 Ahmed Ali May 7, 2020 0 The executive board of the International Monetary Fund (IMF) is due to meet on May 11 to consider Egypt’s request…
Money National Bank of Egypt leads banking consortium to provide €30 million loan to Midor Ahmed Ali May 6, 2020 0 The National Bank of Egypt (NBE), the country's biggest state lender, is leading a banking consortium to arrange a…