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AfDB is delivering for Africa: Adesina speaks at IMF-World Bank meetings
In an impassioned speech delivered at the Center for Global Development in Washington, DC, on Wednesday, April…
Russia’s investment bank Renaissance Capital to open Egypt office
Russian investment bank Renaissance Capital is planning to open an office in Cairo this year as it seeks to deepen…
China Development Bank keen to finance petroleum projects in Egypt
The China Development Bank (CDB) is keen to finance petroleum and gas projects in Egypt, a delegation from the bank…
EFG Hermes unit, SFD sign financial leasing deal for Egypt small businesses
EFG Hermes Leasing, a wholly-owned subsidiary of Cairo-based investment bank EFG Hermes, has signed Monday a…
Egypt expects to finalise IMF loan’s third tranche in four months
Egypt expects to finalise the third tranche of a $12 billion International Monetary Fund loan in four months,…
Egypt’s foreign trade record $28 billion since currency float: official
Egypt’s foreign trade since Nov 3rd, when the government floated the country's currency, until April 10th recorded…
IMF seen signaling preference for higher Egypt borrowing costs: official
Interest rates and fiscal measures are among the tools Egypt could use to control one of the highest inflation…
Banque Misr secures $100 million for Huawei-led project
Egypt’s second largest state-run lender, Banque Misr has signed a $100 million financing deal with China’s…
Fed’s Fischer: Trump’s changes to bank reforms can be very dangerous
U.S. Fed Vice Chairman Stanley Fischer believes changes that President Donald Trump is exploring on bank…
IMF expects ‘breathing space’ in Middle East, Central Asia
Growing growth outside the troubled oil sector is offering some relief to economies in the Middle East and Central…