IMF to vote on final loan disbursal to Cairo on July 24 – Egypt PM
The International Monetary Fund (IMF) will vote on the disbursement of the final $2 billion tranche of a $12…
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Fuel Subsidy Cuts
Egypt’s EFCBC sees construction costs to rise 8% on fuel subsidy cuts
The latest round of fuel subsidy cuts in Egypt are expected to push up construction costs, said an official in the…
Fitch Upgrades Two Egyptian Banks Rating to ‘B’
Fitch Ratings has upgraded the Long-term Issuer Default Ratings (IDR) of the National Bank of Egypt, largest…
Fitch Upgrades Egypt to ‘B’; on Subsidies, Oil Savings
Fitch Ratings has upgraded Egypt's Long-term foreign and local currency Issuer Default Ratings (IDR) to 'B' from…
Vodafone Egypt Says to Invest EGP9.5bn in Network Upgrade
Vodafone Egypt is planning to invest EGP 9.5 billion in networks over the coming 3 years, its CEO, Ahmed essam…
Egypt braces for EGP44bn Fuel Subsidy Cuts in new Fiscal Year – Minister
No time has been set to raise Egypt's fuel prices, the finance minister announced on Monday in an effort to appease…
Egypt To Issue Schedule Next Month For Gradual Fuel Subsidy Cuts
Egypt aims next month to issue a schedule of gradual rises in the subsidized prices various industries pay for…
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