Egypt Covers All Dollar Backlogs for Foreign Investor Repatriations
Egypt's Central Bank said on Tuesday it had covered the entire backlog of dollars owed to foreign investors seeking…
Browsing Tag
Egypt’s economy
Omran: Egypt Market Needs More of Direct Investment, Infrastructure Funds
Egypt’s economy is currently in a dire need for more of direct investment funds and infrastructure funds, according…
Egypt Rules out IMF Loan Deal before Presidential Polls
Egypt has ruled out on Sunday seeking a $4.8 billion loan agreement from the fund in the meantime, according to…
1st Annual Event on Funds Industry in Egypt Kicks off Monday
- The Event is organized by Money Cycle, Under Trade & Investment Ministry’s patronage…
Egypt Central Bank Governor Says Foreign Reserves to Continue to Rise
Egypt's Central Bank governor Hisham Ramez said on Wednesday he expects the country's foreign currency reserves to…
Banque Du Caire Participates in CBE’s Mortgage Funding Initiative
Banque Du Caire has joined the Central Bank of Egypt in a scheme that aims to boost Egypt’s real estate market by…
United Bank Mulls Capital Top-up to EGP2 billion to Finance Mega Projects
Egyptian lender United Bank S.A.E. is considering a capital increase to EGP 2 million within this year from EGP 1…
Egypt’s GDP Grew 1.2 % in First Half 2013/14: Minister
Egypt's economy grew 1.2 % in the first half of fiscal year 2013/14, the minister of planning said on Monday.…
EFG-Hermes: Egypt Will Continue to be Crucial Market for Worldwide Investors
Egypt will continue to be a very crucial market for the Arab and foreign investors, despite the unclear yet main…
Official: Egypt May Impose 5% Tax on the Rich
Wealthy people in Egypt may be faced with a 5 percent wealth tax for 2 or 3 years, the country’s minister of…
