Egypt expects to sign $12 billion IMF loan deal ‘within few weeks’
Egypt is expected to have the final approval of the International Monetary Fund’s three-year $12 billion lending…
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Amr El-Garhy
Egypt eyes $2-3 bln deposit from Saudi Arabia to help seal IMF deal
Egypt is in advanced talks with Saudi Arabia to secure a new deposit worth $2-3 billion as part of about $6 billion…
6th EFG-Hermes MENA Conference kicks off in London
The 6th EFG-Hermes London MENA and Frontier Conference begins on Monday, bringing together a cross-section of the…
VAT, Egypt pound depreciation could raise real estate prices by 15-20%
The value-added tax (VAT) has given rise to a heated debate between different sectors, but the debate between…
Egypt FinMin, CBE governor in Washington for new round of IMF talks
Egypt’s central bank governor Tarek Amer and Minister of Finance Amr el-Garhy are conducting a new round of loan…
Egypt likely to receive 1st tranche of IMF loan in 4-6 weeks
Egypt expects to receive the first $4 billion instalment of a $12 billion three-year IMF loan within four and 6…
Egypt picks Dechert to advise for 2016 international bond issuance
Egypt’s Ministry of Finance announced Thursday that it has selected global specialist law firm Dechert LLP to act…
FinMin: Egypt eyes $675-$900 mln a year from IPOs of state firms
Egypt is targeting from 6 and 8 billion Egyptian pounds ($675-$900 million) a year from planned selling shares in…
Cairo stocks end week 1.8% higher on progress in IMF talks
Egyptian stocks traded higher on Thursday backed by the finance minister’s remarks that the country is making…
IMF reviews Egypt budget 2016/17 terms: FinMin
The International Monetary Fund team mission is currently reviewing with the Egyptian government the terms of the…
