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Money
Egypt repaid $15.8 billion in foreign debt in FY2020/21: c.bank
Egypt repaid $15.8 billion in foreign debt throughout the financial year 2020-2021 ended last June, the central…
EBRD projects Egypt’s economy will grow 4.9% in 2021-22 year
The European Bank for Reconstruction and Development (EBRD) raised its growth forecast for Egypt’s economy to 4.9…
Egypt’s net foreign reserves slightly increase $40.85 billion in October
Egypt’s net foreign reserves slightly inched up to $40.85 billion at the end of October from $40.825 billion at the…
AIIB, OPEC Fund earmark $200 million for NBE to support Egypt infrastructure sector
The Asian Infrastructure Investment Bank (AIIB) and the OPEC Fund for International Development have allocated a…
Egypt’s PMI falls in October as global supply chain bottlenecks weigh on: IHS
Egypt’s non-oil private sector contracted for an 11th month in a row in October as international supply chain…
U.S. signs $125 million economic assistance to Egypt
Egypt and the United States signed on Monday seven bilateral assistance agreement amendments worth $125 million.
EIB: Revoking state of emergency in Egypt is positive for economy
Egypt’s decision to not renew the state of emergency will positively affect the country’s economy and lure more…
World Bank approves $360 million loan for Egypt’s second wave of structural reforms
The World Bank’s board of executive directors approved on Thursday a $360 million Development Policy Financing…
Mastercard partners with Banque Misr’s MDI to boost seamless banking experience in…
Misr Digital Innovation (MDI), part of Banque Misr, has signed on Thursday a seven-day strategic partnership with…
Egypt’s central bank keeps interest rates unchanged
Egypt’s central bank has retained its key interest rates on Thursday, ascribing its decision to September’s…