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IMF: Egypt economic outlook is ‘favourable,’ urges continued reform efforts
The International Monetary Fund (IMF) has hailed on Wednesday Egypt’s economic reforms, which it said have curbed…
Goldman Sachs plans trading desk for bitcoin: Bloomberg
Goldman Sachs is planning to get into the business of trading digital currencies such as bitcoin, Bloomberg News…
IMF to upgrade Egypt’s economic growth forecast to 5.5% in FY2018/19
The International Monetary Fund (IMF) will raise its forecast for Egypt’s economic growth to 5.5 percent within…
ERBD pledges $150 mln to support private sector in Egypt
The European Bank for Reconstruction and Development (EBRD) signed Thursday a $150 million financing deal…
Egypt’s gold reserves dip 0.3% in Q4: Gold Council
Egypt’s gold holdings dipped by 0.3 percent during the fourth quarter, recording 76.3 tonnes compared to 76.6…
Spanish bond yields nudge lower as Catalonia holds an election
The premium investors demand for holding Spanish bonds over top-rated German peers held close to its narrowest…
IMF endorses first installement in second tranche of $12 bln loan to Egypt
The International Monetary Fund (IMF) approved the first batch – worth $2.3 billion – of the second tranche of a…
MSMEDA injects 76.5 bln pounds in 4,000 projects in Matrouh
The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has injected 76.5 million Egyptian pounds…
BoE to allow EU banks to operate in UK as normal after Brexit
The Bank of England will allow European banks to continue selling their services in the United Kingdom without…
Remittances rise to $24.2 since liberalization of exchange rate: CBE
The Central Bank of Egypt (CBE) announced that remittances from Egyptian expatriates increased to $24.2…