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Fitch affirms Egypt’s long-term foreign currency issuer default rating at B+
Fitch Ratings has on Wednesday affirmed Egypt’s Long-term foreign currency Issuer Default Rating (IDR) at ‘B+’ with…
EBRD vice president heads delegation to Egypt to discuss new country strategy
Alain Pilloux, vice president of the European Bank for Reconstruction and Development (EBRD) is visiting Egypt from…
World Bank working on various programmes in Egypt to boost productivity
The World Bank is working on various programmes that would increase the productivity, President David Malpass said…
SODIC signs EGP1.57 bln credit facility with Banque Misr, AAIB
Egypt’s property developer SODIC signed on Thursday a long-term credit facility of 1.57 billion Egyptian pounds…
IMF sees Egypt’s government gross debt hitting 91.4% of GDP in 2021
The International Monetary Fund (IMF) projected on Wednesday Egypt’s government gross debt to reach 91.4 percent of…
Egypt to be listed on JP Morgan emerging bond index late January 2022
Egypt is set to enter JP Morgan’s emerging market government bond index starting on Jan. 31, the investment bank…
IMF raises Egypt’s real GDP growth forecasts to 3.3% in 2021
The International Monetary Fund (IMF) has raised Egypt’s real GDP growth projections for 2021 to 3.3 percent.
Egypt, AfDB embark national consultations on new strategy 2022-2026
Egypt launched on Sunday national consultations with the African Development Bank (AfDB) to prepare for the new…
Misr Insurance plans IPO for life arm in H2/2022
Egyptian state-owned Misr Insurance Holding (MIHC) plans to offer 25 percent of shares in its Misr Life Insurance…
IMF-World Bank annual meetings kick off
The International Monetary Fund (IMF) and World Bank 2021 annual meetings have kicked off on Monday in a hybrid…