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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…
Egypt, U.S did not take full advantage of TIFA: U.S official
It is too soon to say if a free trade agreement could be reached between Egypt and the United States, a U.S. State…
Egypt has promising opportunities for U.S. investments: MEI vice chair
Egypt has promising opportunities for investment in various sectors, yet more measures should be taken to combat…
BDC signs $30mln finance deal with an Arab financial institution
Egypt's state-run lender Banque du Caire has already signed a $30 million deal with one of the Arab financial…