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Money
Egypt’s net foreign reserves grow to $40.584 billion by June-end: c.bank
Egypt’s net foreign reserves inched up to $40.584 billion at the end of June from $40.468 billion at the end of…
EFG Hermes launches new online trading platform in Kenya
EFG Hermes Kenya, part of Egyptian investment bank EFG Hermes Group, has launched on Monday its online…
Egypt’s domestic liquidity surges to EGP 5.256 trillion in May: c.bank
Egypt’s domestic liquidity surged to around 5.256 trillion Egyptian pounds ($335.4 billion) in May from 5.184…
Egypt plans lower budget deficit to hit 6.7% in FY2021/22 – minister
Egypt plans to run a much lower budget deficit to reach 6.7 percent in the current financial year 2021/2022, which…
EBRD to start new four-year strategy talks with Egypt in September – official
The European Bank for Reconstruction and Development (EBRD) is expected to embark on consultation talks with Egypt…
Egypt sees first offering of green bonds worth $100 mln on Wednesday
Egypt expects to offer its first green bonds by a private company on Wednesday, said head of Egypt’s Financial…
IMF: Egypt’s real GDP to grow 5.2% in FY2021/22
Egypt’s real GDP is expected to significantly grow to 5.2 percent in the financial year 2021/2022, said the…
Mastercard: 73% of SMEs in Egypt bullish on future growth
73 percent of small and medium-sized enterprises (SMEs) in Egypt are optimistic about the next 12 months, according…
IMF board agrees to disburse final $2 billion tranche of Egypt standby loan
The board of the International Monetary Fund (IMF) said on Wednesday it completed the second and final review of…
HSBC earmarks funding to a coastal ecosystem restoration project in Egypt
HSBC said on Monday it is committing philanthropic funding to a coastal ecosystem project in Egypt, as part of the…