Egypt’s Inflation Registered Negative Rate Of 0.25% In November
Egypt's core inflation rate set by the Central Bank of Egypt (CBE) registered a negative rate of 0.25% last…
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Egypt’s economy
Hunger Revolution Looms As Foreign Reserves Drop Sharply: Experts
Egypt’s foreign cash reserves dropped US$ 448 million to reach US$ 15.035 billion at the end of last November. A…
Saudi Fund For Development Allocates EGP1.4 Bln To Finance 3 Projects In Egypt
The Saudi Fund for Development (SFD) signed three concessional loan agreements with the Egyptian…
Egypt Adopts Long-Term Expansionary Monetary Policy
The Egyptian Ministry of International Cooperation stated that the Central bank of Egypt (CBE) targets to adopt…
IMF Discusses Granting US$4.8 Bln Loan To Egypt On December 19th
Ashraf Al Araby, Minister of Planning and International Cooperation, said Egypt is currently fighting to regain…
Bankers Differ On Impact Of Political Turmoil Over IMF Talks
Egypt is witnessing political turmoil after the eruption of violent clashes between protestors and security forces…
Foreign Loans Temporary Solution To Foreign Reserves’ Recovery: Bankers
A number of bankers stressed the importance of compensating the loss of foreign cash reserves. The international…
CBE’s El-Okdah Fosters Investors’ Confidence In Egyptian Economy
Dr. Farouk El-Okdah succeeded in developing the Central Bank of Egypt’s (CBE) human resources in all departments,…
Egypt’s Govt. Acquires Large Sum Of Liquidity: Hisham Ezz El-Arab
The Chairman of the Commercial International Bank (CIB) Hisham Ezz El-Arab stated that the government retains a…
New PPP To Be Announced Next January: Momtaz El-Saeed
The Egyptian government will announce the establishment of Public–Private Partnerships (PPP) by next January, said…
