IMF keeps global growth forecast unchanged, Eurozone, Japan to accelerate
Despite slashing the economic growth outlook for the U.S. and U.K., the International Monetary Fund has kept its…
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Financial Institutions
EGTAK wins South Cairo and Giza Flour Mills’ insurance policy tender
The Egyptian Takaful Property and Liability Insurance (EGTAK) has won the state-run South Cairo and Giza Mills and…
Moody’s forecasts Egypt account deficit to shrink to 3% of GDP in 2020
Moody's Investors Service said on Thursday that the International Monetary Fund (IMF) review of Egypt's economic…
Egypt’s Finance Ministry eyes 26.5% surge in debt instruments next month
Egyptian Ministry of Finance (MoF) is planning to increase debt instruments by 26.5 percent to reach worth 151.5…
Egypt plans new Eurobond issue in Q3-FY2017/18: minister
Egypt plans to issue a new Eurobond in the third quarter of the current financial year, between January and March…
Egypt’s central bank receives second disbursal $1.25 bln of IMF loan
Egypt’s central bank (CBE) has received Tuesday the second and final disbursal of the first $4 billion tranche of a…
EU reiterates support for Egypt
The European Union said on Monday it is firmly committed to continue supporting Egypt in addressing current…
Italy to raise €15.5 million for Egypt leather industry in H2
Italy plans to secure a €15.5 million ($17.7 million) financial package for Egypt’s leather tanning industry in the…
Foreign participation in Egypt’s T-bill auction hit $223 mln
Foreign participation in Egypt's Treasury bill auction on Sunday had recorded 4 billion Egyptian pounds ($222.59…
Egypt expects third IMF loan disbursal of $2 bln between Dec, Jan: FinMin
Egypt expects to receive a third loan disbursal worth $2 billion from the International Monetary Fund between…