Egypt has secured $6 billion bilateral financing required for IMF loan
Egypt has secured the $6 billion in bilateral financing required to secure a three-year, $12 billion IMF lending…
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Cabinet to submit LoI to IMF within three days: Egypt’s FinMin
Egypt will submit within two or three days a letter of intent to the International Monetary Fund for a $12 billion…
South Korea names new PM, finance minister amid scandal, angering opposition
South Korea's presidential office on Wednesday named a new prime minister and finance minister, the highest-level…
Egypt’s Finance to host handmade, handicrafts, agricultural products fair
Non-government organisations from Alexandria, Siwa, Aswan, Shalateen, and Marsa Matruh will take part on Sunday in…
Britain’s FinMin told PM May he will not quit: Telegraph
British finance minister Philip Hammond has told Prime Minister Theresa May that he would not quit the government…
South Africa FinMin issued with summons, rand plunges
South African prosecutors issued Finance Minister Pravin Gordhan with a formal summons in relation to the…
Banque Misr eyes 12.5% share in small business initiative in 4yrs
Egypt’s second biggest state lender, Banque Misr is arranging to take over a 12.5 percent share in a central…
Egypt eyes $2-3 bln deposit from Saudi Arabia to help seal IMF deal
Egypt is in advanced talks with Saudi Arabia to secure a new deposit worth $2-3 billion as part of about $6 billion…
Italian investor launches, finances new initiative to revive tourism in Sharm el-Sheikh
An Italian leading investor in Sharm el-Sheikh and owner of Domina Coral Bay Resort, Ernesto Preatoni launched…
Egypt’s c.bank brings forward treasury bill, bond auctions
Egypt's ministry of finance announced it will bring forward next week's treasury bills and bond auctions due to the…
