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Egypt’s CBE seen holding interest rates following unexpected hikes
Central Bank of Egypt (CBE) is seen leaving key interest rates unchanged this month, a Reuters poll indicated on…
AfDB, Egypt in talks for $3bn cooperation scheme
Egypt’s Ministry of Investment and International Cooperation recently met with the African Development Bank (AFDB)…
Egypt looks for $4 billion up on international debt market
Egypt is planning to return to the international debt markets in January to raise as much as US$4 billion to fund…
World Bank delegation to visit Egypt Sunday: minister
Egypt's Minister of Investment Sahar Nasr will meet on Sunday with a delegation from the World Bank to…
Yemen central bank floats currency of war-torn country
The central bank of Yemen announced Tuesday it had floated the national currency, instructing banks to follow the…
Insurance Federation of Egypt appoints new head
Egypt’s Insurance Federation (FEI) has voted Alaa El-Zouhery, managing director of Arab Misr Insurance Group – GIG,…
Egypt negotiating EBRD for wastewater management loan
Egypt is negotiating for a new financing assistance from the European Bank for Reconstruction and Development…
Top 10 leasing firms in Egypt in H1
Egypt’s Financial Supervisory Authority (EFSA) revealed in a recent report the biggest leasing companies in the…
Crédit Agricole says H1 net profit grows 49.8% in Egypt
Crédit Agricole SA says first-half net profit in Egypt rose 49.8 percent from a year ago to record 941.04 million…
Inflation in Egypt likely to ease to less than 15% in Q4 FY 2017/18: report
Egypt’s inflation is likely to ease towards less than 15% in the fourth quarter (Q4) of the financial year 2017/18,…