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Financial Institutions
Don’t expect significant stock market gains in 2019, says Goldman’s strategist
Investors hoping for big returns from financial markets this year are going to have to dial back their…
Egypt sets up fund to develop state-owned enterprises
Egypt’s cabinet will set up a fund to finance the development of state-owned enterprises, it said in a statement,…
Egyptian Cabinet approves consumer finance law
The Egyptian cabinet approved consumer finance law drafted by The Egyptian Financial Supervisory Authority.
IMF praises Egypt’s economy after allowing 5th loan tranche
International Monetary Fund (IMF) praised on Wednesday Egypt’s economic indicators after it completed its fourth…
Egyptian parliament approves amendments to income tax law
Egypt’s Parliament approved by majority vote in a general session on Tuesday amendments to some provisions of the…
Egypt successfully overcame recent capital outflows: IMF
David Lipton, First Deputy Managing Director and Acting Chair of the International Monetary Fund (IMF), said Egypt…
IMF approves $2 bln loan payment for Egypt
The International Monetary Fund's (IMF) board approved on Monday a $2 billion loan payment to Egypt, the latest in…
China has been ‘ineffective’ in reviving its slowing economy: JP Morgan
Chinese authorities' efforts to revive their country's slowing economy have been "ineffective," and it needs to do…
Egypt’s short-term dollar debt drops to $14bn at 2018-end
Egypt’s short-term dollar-denominated debt fell $3.25 billion to about $14 billion at the end of 2018, the deputy…
IMF Lagarde’s remarks on Egypt’s economy show that country is on right track
Egypt's Prime Minister Moustafa Madbouly said on Wednesday recent statements by IMF's managing director praising…