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Egypt appoints investment minister as country’s governor to World Bank
Egyptian Prime Minister Sherif Ismail has appointed Wednesday Minister of Investment and International Cooperation…
2 insurers vying to win Cairo Airport’s insurance policy tender
Two insurance majors are competing to win the Cairo Airport’s insurance policy, sources with knowledge told Amwal…
World Bank forecasts Egypt’s GDP growth to hit 5.3% in 2019
Egypt's gross domestic product is projected to grow 5.3 percent by 2019, suggesting the economy of the most…
Egypt issues $713.1 mln in USD-dominated treasury bills at 3.529% average yield
Egypt's Finance Ministry sold $713.1 million in one-year dollar-denominated treasury bills to local and foreign…
World Bank disburses $125 mln tranche for Upper Egypt development: minister
The World Bank has disbursed $125 million in financial assistance to Egypt out of its $500 million Upper Egypt…
Germany signs financing deals worth €203.5 million with Egypt
Germany and Egypt have signed three agreements worth €203.5 million ($228.3 million) on Monday. German Development…
Rasmala plans to increase AUMs in Egypt to 7.5 bln pounds by year-end
Asset management firm, Rasmala Egypt says it plans to increase its assets under management (AUMs) to 7.5 billion…
Saudi Arabia pumps $400 million into Sinai development scheme: minister
Saudi Arabia has recently injected an additional $400 million as part of a Saudi-Egyptian loan agreement to develop…
Egypt, World Bank, AfDB to start third tranche loan talks this week
Egypt will resume this week its negotiations with the World Bank and the African Development Bank (AfDB) to…
Qatari banks fall after UAE red flag, Dubai’s Emaar climbs
Shares in Qatari banks fell in early trade on Sunday after the central bank of the United Arab Emirates gave an…