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Financial Institutions
Egypt Cabinet approves amendments to ease built property tax burden
Egypt’s Cabinet approved on Wednesday a draft law amending provisions of the Built Real Estate Tax Law, a move…
Egypt to launch 10-Year national investment map in 3 months
Egypt plans to roll out a comprehensive 10-year national investment map within three months, featuring fully…
UAE’s Mubadala launches USD sukuk
Abu Dhabi’s Mubadala has opened orders for a 10-year U.S. dollar-denominated sukuk, tapping global debt markets…
Egypt, Swedfund ink deal to support power grid, sustainable transit projects
Egypt signed a letter of intent with Swedish development finance institution Swedfund to deepen cooperation in the…
AfDB cuts Africa’s ’25 growth forecast to 3.9%
The African Development Bank (AfDB) has cut its 2025 economic growth forecast for Africa to 3.9 per cent, down from…
IMF hails Egypt’s tax, customs reforms; urges further steps
The International Monetary Fund has welcomed Egypt’s recent efforts to modernise and streamline tax and customs…
IMF raises Egypt’s growth forecast to 3.8%
The International Monetary Fund (IMF) has raised Egypt’s growth forecast for fiscal year 2024/25 to 3.8 per cent,…
PM: Egypt sticks to external debt reduction path, eyes more FDI
Egypt will continue efforts to curb external debt and attract more foreign investment as part of a broader strategy…
IMF upgrades UK growth outlook amid economic recovery
The UK economy is showing signs of recovery following a slowdown in late 2024, with the International Monetary Fund…
Egypt, Germany sign new debt swap agreement
Egypt and Germany have signed a new €21 million debt swap tranche on Monday to enhance the supply of renewable…