IMF to upgrade Egypt’s economic growth forecast to 5.5% in FY2018/19
The International Monetary Fund (IMF) will raise its forecast for Egypt’s economic growth to 5.5 percent within…
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Financial Institutions
MSMEDA injects 76.5 bln pounds in 4,000 projects in Matrouh
The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has injected 76.5 million Egyptian pounds…
Japan plans more support for Egypt infrastructure projects
Japan’s state-run export credit agency Nippon Export and Investment Insurance (NEXI) plans to boost support for…
Egypt seeks proposals to arrange dollar bond issues – sources
Egypt has asked banks for proposals to arrange U.S. dollar-denominated Eurobonds, banking sources told Reuters on…
EU approves €5 mln grant for Southern Mediterranean states, including Egypt
European Commission approved a new financing for unions and chambers of industry and commerce in the Southern…
Egypt parliament to discuss new national health insurance law today
Egypt’s MPs will begin Sunday discussing a government-drafted law on national health insurance in a plenary…
Foreign investment in Egyptian securities rises to $19 billion: minister
Foreign investment in Egyptian securities hit $19 billion as of December 6 since the flotation of the pound…
Egypt’s Bitcoin scene seemingly growing despite looming uncertainties
In a widely reported announcement, the founders of Bitcoin Egypt said in August that their project would be…
Egypt’s budget deficit decreases 2% in Q1-FY2017/18
Egypt's budget deficit decreased by two percent of GDP during the first quarter of financial year 2017/2018, the…
Bitcoin hits record $10k the night of big crypto conference and everyone parties
Bitcoin enthusiasts have a lot of growth to celebrate. Not only is the digital currency surging, but related…