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Egypt’s Sisi heads to Guinea first destination in overseas tour
President Abdel Fatah al-Sisi started an overseas tour with the first leg in Guinea, and the next stops will be in…
U.S congressman ready to to promote Egypt’s success story
Jeff Fortenberry, a U.S Republican congressman said that he is ready to promote Egypt's success story on different…
Egypt to remove fuel subsidies as it nears end of IMF programme
Egypt will slash subsidies on most energy products by June 15, it told the International Monetary Fund in a January…
BDC pumps EGP3bln into corporate funding during Q1 2019
Egypt’s state-run lender Banque du Caire has pumped 3 billion Egyptian pounds ($173.3 mln) into corporate funding…
ERBD pumps EGP7.5bln into Al Futtaim’s new City Center
European Bank for Reconstruction and Development (EBRD) approves a 7.5 billion Egyptian pounds supporting fund in…
IMF sees 6% medium-term growth for Egypt, single-digit inflation in 2020
The International Monetary Fund (IMF) said it expected Egypt’s economy to grow to around 6 percent over the medium…
U.S. Treasury’s David Malpass named World Bank president
The executive board of the World Bank on Friday unanimously approved David Malpass as the bank’s 13th president.
Egypt-Jordan natural gas flow to resume after stopping for long
Egypt and Jordan have signed a memorandum of understanding (MoU), through which Jordan will proceed with…
Moody’s: Egypt’s 2019/20 budget is credit positive
Egypt’s budget for fiscal year 2019/2020 points to continued fiscal consolidation, it is described as credit…
Egypt issues €2 bln international bonds in 2 tranches
Egypt has put up for sale international bonds at a value of €2 billion in two tranches, the Ministry of Finance…