INTERVIEW – Senior IMF official says lowering inflation key to Egypt’s reforms
Lowering Egypt's three-decade high inflation is key to keeping the country's economic reform programme on track and…
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Financial Institutions
Egypt may issue $1.5-2 billion in international bonds in few weeks
Egypt may issue $1.5 billion to $2 billion in international bonds in the coming few weeks, Finance Minister Amr…
IMF mission to start talks today in Egypt amid interest rates debate
An International Monetary Fund team will start on Sunday its first review of Egypt’s $12 billion loan accord, with…
Three banks seek Egypt regulatory approval to apply factoring activities
Three banks are seeking the Egyptian market regulator’s approval to obtain licences designated to practice…
IMF delegation to visit Egypt Sunday to review economic reform updates
A delegation from the International Monetary Fund (IMF) will arrive in Egypt on Sunday to review progress on its…
Misr Asset Management in talks to run fixed income, capital guarantee funds
Egypt’s Misr Asset Management (MAM), the investment bank arm of Misr Insurance Holding, is negotiating to win the…
EFG Hermes unit, SFD sign financial leasing deal for Egypt small businesses
EFG Hermes Leasing, a wholly-owned subsidiary of Cairo-based investment bank EFG Hermes, has signed Monday a…
Egypt expects to finalise IMF loan’s third tranche in four months
Egypt expects to finalise the third tranche of a $12 billion International Monetary Fund loan in four months,…
IMF seen signaling preference for higher Egypt borrowing costs: official
Interest rates and fiscal measures are among the tools Egypt could use to control one of the highest inflation…
IMF expects ‘breathing space’ in Middle East, Central Asia
Growing growth outside the troubled oil sector is offering some relief to economies in the Middle East and Central…