Money Moody’s sees Egypt’s liquid foreign exchange reserve buffer to fall to $30… Ahmed Ali May 12, 2020 1 Moody's estimated on Monday that Egypt's liquid foreign exchange reserve buffer will decline to about $30 billion…
Money Moody’s estimates Egypt’s economic growth to slow below 3% in FY2020/21 Ahmed Ali May 12, 2020 0 Moody’s said on Monday it estimates Egypt’s economic growth to slow below 3 percent in the financial year…
Money Moody’s affirms Egypt’s B2 rating with stable outlook Ahmed Ali May 12, 2020 0 Moody's has affirmed on Monday Egypt’s long-term foreign and local currency issuer ratings at B2, with an outlook…
Featured Egypt’s Evergrow targets less than planned exports of $220 mln in 2020 due to… Hesham Ibrahim May 11, 2020 0 Egyptian fertilizer company Evergrow has downgraded its exports target to $220 million down from $280 million as…
Tech/AI Emerging economies burn through $240 billion in reserves, including Egypt Amwal Al Ghad English May 11, 2020 0 Leading emerging countries have burned through $240 billion in foreign exchange reserves over the past two months…
Tech/AI Egypt launches initiative to offer loans of 5% to tourism businesses Mostafa Mahmoud May 11, 2020 0 Egypt is launching a new initiative to support tourism and hospitality sectors in face of the repercussions of the…
Money Kuwait’s KNPC readies housing flagship sites for expatriate workers Amwal Al Ghad English May 11, 2020 0 Kuwait National Petroleum Company (KNPC) has readied the land for the construction of the first of three temporary…
Money Egypt’s Hassan Allam remains buoyant, eyes expansion Amwal Al Ghad English May 11, 2020 0 Egypt's state-run construction firm, Hassan Allam remains in a buoyant mood, despite the coronavirus (COVID-19)…
Featured Around 300 Egyptians stranded in Washington arrive in Marsa Alam Amwal Al Ghad English May 11, 2020 0 Around 300 Egyptians arrived in Egypt’s Red Sea resort city of Marsa Alam from Washington on Sunday, as part of the…
Money IMF executive board due to discuss Egypt’s request for loan today Amwal Al Ghad English May 11, 2020 0 The executive board of the International Monetary Fund (IMF) is set meet on May 11 to consider Egypt’s request for…