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Money
Saudi Fund for Development investments in Egypt hit $2.5 bln: minister
The Saudi Fund for Development has so far invested around $2.5 billion in 23 ongoing projects in Egypt, investment…
IMF to emerging markets: Take advantage of easy money while it lasts
Emerging markets have to get their fiscal houses in order while monetary conditions remain loose, the International…
Egypt’s Amer: Saudi Arabia, UAE extend maturities of $4 bln deposits due in 2018
Saudi Arabia and the United Arab Emirates have agreed to extend the maturity of $4 billion worth of deposits they…
UAE, Saudi Arabia, Egypt have fastest online transactions growth in Arab world
Based on the study of seven key countries for the regional payment industry, the region witnessed an overall 22…
Islamic Development Bank targets $3bn strategy for Egypt
Saudi Arabia-based lender Islamic Development Bank (IDB) plans a new strategy worth $3 billion to cooperate with…
Egypt issues treasury bills worth 13.25bn pounds: MENA
Egypt said on Sunday it issued treasury bills estimated at 13.25 billion Egyptian pounds($744 million), state owned…
Egypt’s Amer receives MENA governor of the year award in Washington
Egypt’s central bank governor Tarek Amer received Saturday the GlobalMarkets award as the Central Bank Governor of…
EU raises 213 mln Egyptian pounds for Nile Delta clean-up plan
The European Union has disbursed 213 million Egyptian pounds ($12.1 million) in financing to back a huge Nile Delta…
Egyptian Arab Land Bank’s new board convenes
State-owned Egyptian Arab Land Bank’s (EALB) new board of directors has started to develop the bank's strategy for…
Egypt expects $2bn IMF loan installment next month: minister
Egypt’s Finance Minister, Amr al-Garhy, anticipates the country will receive another installment of the…