Egypt to raise customs dollar to 17 pounds this weekend – minister
Egypt will raise the customs dollar exchange to 17 pounds from 15.7, for two weeks effective from March 16th,…
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German KFW Bank earmarks €100 million for water projects in rural Egypt
Germany’s government-owned KfW Development Bank has secured around €100 million ($106.8 million) for water…
EFG Hermes unit completes acquisition of 51% stake in Pakistan’s IFSL
Egypt-based investment bank, EFG Hermes announced Sunday that its fully-owned subsidiary EFG Hermes Frontier has…
Egypt named 1st vice head of World Bank Board of African states’ governors
Egypt has been chosen as the first vice-chairperson of the World Bank’s Board of Governors for African Countries…
Egypt’s net foreign direct investment inflows surge – C.bank
Egypt’s net foreign direct investment (FDI) inflows surged to $2.41 billion in the second quarter from $1.76…
Egypt balance of payments to see $7 billion surplus in H1-FY2016/17
Egypt's overall balance of payments (BoP) registered a surplus of $7 billion in the first half of the current…
EBRD allocates €1.5 billion for SME projects in Egypt
The European Bank for Reconstruction and Development (EBRD) has allocated 1.5 billion euros ($1.6 billion) to…
World Bank Egypt reforms must focus on investment
Egypt needs to implement economic reforms aimed at encouraging more private investment and moving away from…
Egypt’s foreign trade reached $21 billion since currency flotation: c.bank
Egypt's foreign trade since early November – when the government floated the country's pound – until the end of…
UAE’s Union National Bank will open China branch, expand in Egypt: CEO
Union National Bank, 50 per cent owned by the Abu Dhabi government, is planning to open its first branch in China…