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Egypt received inflows of $200 bln in 3 years since currency float
Egypt’s central bank governor Tarek Amer said on Tuesday the country had received foreign cash inflows of around…
Egypt negotiating IMF for technical assistance – c.bank governor
Egypt is negotiating with the International Monetary Fund (IMF) for technical assistance on non-financial…
Egypt cuts energy subsidy spending in H2-2019
Egypt has cut its spending on energy subsidies to 9.88 billion Egyptian pounds ($631 million) during the second…
EIB backs Egypt’s Tanta-Mansoura – Damietta railway upgrade scheme
The European Investment Bank (EIB) has on Monday signed a cooperation agreement to provide up to €1.5 million ($1.6…
Egypt’s net government debt issuances 12% up in H1-2019/20
Egypt’s net government debt issuances rose by around 12 percent year-on-year in the first half of the 2019-20…
Egypt signs oil and gas deal with Germany’s Wintershall Dea
Egyptian Oil Minister Tarek el-Molla has signed on Monday a new oil and gas exploration and production deal worth…
NBK Egypt reports profit increase of 8.3 % 2019
National Bank of Kuwait – Egypt (NBK Egypt) reported an 8.3 percent year-on-year profit increase during 2019.
Egypt’s annual urban consumer inflation slightly up to 7.2% in January
Egypt’s annual urban consumer inflation slightly rose to 7.2 percent in January from 7.1 percent in December, the…
NBE, QNB arrange EGP 1.8bn syndicated loan to a construction company
The National Bank of Egypt (NBE) and QNB Al Ahly arranged a medium-term syndicated loan worth 1.8bn Egyptian pounds…
Egypt pumps EGP 7.3bn investments in Qena, Sohag
The Egyptian government has injected investments worth 7.3 billion billion pounds into projects in Qena and Sohag…