Banks Egypt’s tax change could spur banks to step up private lending Amwal Al Ghad English Dec 2, 2018 0 A proposed change to the way Egypt taxes bank profits could encourage lenders to boost credit to the private sector…
Feature Egypt on track to achieve its financial targets: FinMin Amwal Al Ghad English Nov 24, 2018 0 Egypt’s state revenues grew 35.5 percent in the first quarter of this financial year, putting the government on…
Feature Egypt to repay all debts to foreign oil companies by end-2019 – ministry sources Mahmoud Shaaban Nov 5, 2018 0 Egypt plans to repay all of its $1.2 billion debt to foreign oil and gas companies by the end of 2019, oil ministry…
Financial Institutions Egypt’s debt to GDP to reach 80% in 4yrs Amwal Al Ghad English Nov 3, 2018 0 The Egyptian government is planning to reduce the ratio of public debt to the gross domestic product (GDP) to the…
Banks Egypt’s domestic debt hikes 16.9% in FY2017-18: c.bank Ahmed Ali Oct 28, 2018 0 Egypt’s domestic debt rose 16.9 percent to 3.695 trillion Egyptian pounds ($206.7 billion) in the financial year…
Feature Soaring production costs lead to liquidation of Egypt’s National Cement Amwal Al Ghad English Oct 14, 2018 0 Due to continued financial losses and debt accumulation, the government has decided to liquidate the National…
Feature Egypt cancels 5 and 10-year treasury bond sales for the second time in a week Amwal Al Ghad English Sep 11, 2018 0 Central Bank of Egypt (CBE) data showed on Monday that five and ten-year treasury bond sales worth EGP 3.5 billion…
Banks Egypt’s c.bank issues 16.25 bln pounds treasury bills Sunday Amwal Al Ghad English Sep 2, 2018 0 The Central Bank of Egypt (CBE) will issue treasury bills (T-bills) worth 16.25 billion pounds on Sunday on behalf…
Africa News Africa’s richest man arranging $4.5 bln of financing for oil refinery Amwal Al Ghad English Jul 25, 2018 0 Africa’s richest man, Aliko Dangote, has arranged over $4.5 billion in debt financing for his Nigerian oil refinery…
Banks Dubai to host MENA’s 1st debt restructuring and NPL-focused summit in Sept. Amwal Al Ghad English Jul 25, 2018 0 Middle East Global Advisors, a leading financial intelligence platform spearheading the development of…