Despite glowing IMF review, economists say Egypt still has work to do
Egypt still has to make it easier to do business and try harder to attract direct investment if it is to make…
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Financial Institutions
Egypt plans $1.5-2 bln international bond offering in a week: FinMin
Egypt will issue international bond of between $1.5 billion to $2 billion within the next week, the country’s…
S&P affirms Egypt’s ‘’B-/B’ rating, with stable outlook
Rating agency Standard and Poor’s (S&P) affirmed Friday its “B/B-” long and short-term foreign and local…
IMF reaches staff-level agreement on second payment of Egypt loan
The International Monetary Fund has reached Friday a staff-level agreement on a second payment that would make…
British PM reiterates support of Egypt’s economic reform steps
British Prime Minister Theresa May has retiterated her country’s full support of Egypt’s economic reform measures…
Egypt Airports Holding Co. launches property insurance policy tender
The state-urn Egyptian Holding Company for Airports and Air Navigation (EHCAAN) has put out to tender a new…
Egypt’s economy seems to be ‘gradually picking itself up’: Focus Economics report
Egypt’s economy “seems to be gradually picking itself up”, the Focus Economics’ monthly Consensus Forecast’s report…
World’s deepest devaluation tempts foreign investors back to Egyptian market
As Egypt reaps the rewards of an intense devaluation, it has managed to tempt foreign investors back to its…
Munich Re affirms profit outlook after Q1 profit surge
German reinsurance giant Munich Re announced Tuesday that net profit surged to 557 million euros ($608 million) in…
IMF cites Asia’s top problems: aging population and productivity
Asia-Pacific's long-term growth outlook remains the strongest in the world, but the medium-term picture is weighed…