AfDB board approves €145 million loan for Egypt rail system upgrade scheme
The African Development Bank’s (AfDB) board approved on Tuesday a €145 million ($171.7 million) loan to finance…
Egypt’s stocks finished mixed on Tuesday, benchmark EGX 30 rebounds
Egypt’s stock exchange’s (EGX) indexes finished in mixed notes on Tuesday, with the benchmark EGX 30 index…
Egypt will likely see positive economic growth of 3% this year – IMF official
Egypt’s economy will maintain a positive growth ranging between 2.8 percent and 3 percent for this financial year,…
Japan’s JICA, Sumitomo Mitsui, Banque Misr signed $100 mln facility for Egypt MSMEs
The Japan International Cooperation Agency (JICA) along with Sumitomo Mitsui Banking Corporation (SMBC) and Banque…
National Bank of Egypt gets approval for first South Sudan branch
National Bank of Egypt (NBE), the country's largest state bank, has received approval to open a branch in South…
Egypt expects 5.4% growth rate for FY 2020/2021 – FinMin
The Egyptian government is seeking economic growth rates of 5.4 percent during fiscal year (FY) 2019/2020,…
Egypt’s stocks sank on Monday, market cap losses EGP 10.5 billion
Egypt’s stock exchange’s (EGX) indexes ended substantially lower on Monday, with the benchmark EGX 30 index…
Egypt pays EGP4.5 bln export subsidies arrears to food industries firms
Egypt has paid a total of 4.517 billion Egyptian pounds in overdue export subsidies to companies operating in food…
Egypt’s net foreign reserves increase to $40.337 billion in March: c.bank
Egypt’s net foreign reserves increased to $40.337 billion in March from $40.201 billion in February, a central bank…
Egypt progressing towards achieving goals of Vision 2030, reform programme, minister
Egypt is moving at a steady pace towards achieving the goals of the government’s ambitious economic reform…