PwC: Egypt ranks 19 among world’s 21 most powerful economies in 2030
Egypt has ranked 19th in the world’s 21 most powerful economies in 2030 list, according to a report published by…
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Financial Institutions
Fitch says Qatar may slash capital spending because of sanctions
Qatar’s government may cut its capital spending on economic projects and infrastructure if damage to its economy…
UAE’s Shuaa Capital negotiating to re-enter Egypt market
UAE-based integrated financial services firm Shuaa Capital announced that it has formally begun discussions with…
Customs exchange rate to fall to 16 Egyptian pounds pounds in September: minister
Egypt will lower its customs exchange rate to 16 pounds per dollar from 16.25, effective September 1, Finance…
Foreign investments in Egypt’s T-bill sale rise to 176.6 bln pounds in June
Foreign investments in Egypt’s domestic debt instruments climbed to 176.600 billion Egyptian pounds ($9.9 billion)…
S&P revises Qatar’s outlook to negative
Global ratings agency Standard and Poor's revised on Sunday Qatar's outlook to negative and predicted slower growth…
IMF sees a broad-based global recovery
The global economy is doing well, the chief economist for the International Monetary Fund (IMF) told CNBC on…
Strong euro leads big bond buyers into government debt rethink
The euro's double-digit gains this year are prompting some of the world's biggest money managers to view European…
CBE says Egypt has sold €659.9 mln in one-year treasury bills
Egypt has sold 659.9 million euros ($777.56 million) in one-year treasury bills on Monday, central bank of Egypt…
Egypt names former bourse chief Mohamed Omran as FSA head
Egypt has picked former stock market chief Mohamed Omran to lead the Egyptian Financial Supervisory Authority…