New Cabinet To Focus On Foreign Borrowing: FJP’s Financial Adviser
Egypt will approach the International Monetary Fund (IMF) and other financial institutions to help get its economy…
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Egypt’s economy
S&P Places 3 Egyptian Banks On Watch Negative
Standard & Poor's Ratings Services placed its 'B' long-term and 'B' short-term issuer credit ratings on…
IMF Says Ready To Support Egypt
The International Monetary Fund (IMF) said on Tuesday it stands ready to support Egypt in dealing with its…
World Bank Chief Congratulates Morsi
World Bank President Robert Zoellick congratulated Mohamed Morsi and the people of Egypt for electing the country's…
S&P Places Egypt Rating On CreditWatch Negative As Junta Consolidates Powers
Credit Watch Ratings agency Standard & Poor's placed Egypt's long-term sovereign ratings on CreditWatch…
Dollar-Bond Yield Falls Most Since Revolution
Benchmark dollar-bond yield declined the most since the early days of last year’s uprising. The yield on the 5.75…
AMF Arranges US$ 65 Mln Loan For Egypt
The Arab Monetary Fund (AMF) said on Sunday it was arranging a US$65 million credit facility for Egypt to help the…
Fitch Lowers Egypt’s Credit Rating To B+ On Political Turmoil
Fitch Ratings downgraded Egypt's sovereign credit rating deeper into junk status on Friday, citing the rising…
CBE: Inflation Rate Drops On Retreat In Gas Pipes, Food Products Prices
The Central Bank of Egypt (CBE) attributed the retreat in general inflation rate by 0.24% last May, compared to a…
CBE May Leave Interest Rates Unchanged
Central Bank of Egypt (CBE) will probably keep its benchmark interest rate unchanged as pressure on the currency…
