Featured Egypt, int’l organisations join forces to mitigate coronavirus impact –… Amwal Al Ghad English Apr 22, 2020 0 Egypt is teaming up with international organisations to mitigate the impact of the coronavirus pandemic on all…
Money S&P affirms Egypt’s ‘B/B’ ratings, but says coronavirus to cause plunge… Yomna Yasser Apr 18, 2020 0 Rating agency S&P Global affirmed on Friday its 'B/B' long- and short-term foreign and local currency sovereign…
Money Egypt’s CBE imposes cash withdrawal limits after $190.6mn withdrawn unnecessarily Amwal Al Ghad English Apr 1, 2020 0 Central Bank of Egypt's (CBE) Governor Tarek Amer said a total of 3 billion Egyptian pounds ($190.6 million) has…
Money AfDB says Egypt’s economy to grow 5.8% in 2020, 6% in 2021 Amwal Al Ghad English Feb 4, 2020 0 Egypt’s economy is forecast to strengthen to 5.8 percent in 2020 and to 6 percent in 2021, the African Development…
Money Angola gets $247 million reform loan from IMF Amwal Al Ghad English Dec 10, 2019 0 IMF has approved a $247 million loan to support Angola’s reform plans after the country stuck to its economic…
Money Fitch affirms Egypt rating at B+ with ‘stable’ outlook Yomna Yasser Nov 26, 2019 0 Fitch Ratings has on Monday affirmed Egypt's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at 'B+'…
Money IMF urges BOJ lender to target shorter maturity yields to ease banking-sector strain Amwal Al Ghad English Nov 25, 2019 0 The International Monetary Fund (IMF) urged the Bank of Japan to consider steps to ease the strains caused by its…
Tech/AI Egypt’s textiles salvage scheme reveals backing for state sector Amwal Al Ghad English Nov 16, 2019 0 Behind an unassuming, scruffy perimeter wall, Egypt's largest textiles factory has languished for decades, losing…
Money Egypt releases FY2021 budget’s preliminary statement – minister Amwal Al Ghad English Nov 12, 2019 0 Egypt targets positive results for the next financial year regarding indices, with a growth rate of 6.4 percent and…
Money Egypt’s AAIB sign EBRD, AFD $30 mln green loan deals Amwal Al Ghad English Nov 11, 2019 0 Egypt’s Arab African International Bank (AAIB) signed on Tuesday loan agreements totalling $30 million with the…