Egypt receives MENA Transition Fund’s $2.4 mln PPP support grant
Egyptian Ministry of Finance and of International Cooperation signed Wednesday a cooperation protocol to support a…
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Canada’s telcos raise cheap money in internet bet, Fed hikes loom
Canadian telecom companies are rushing to secure cheap money to fund acquisitions and big infrastructure projects…
Egypt to answer IMF inquiries over the next 14 days amid negotiations
The International Monetary Fund (IMF) arrived Saturday for a 14-day visit to Cairo, during which time Egypt is…
IMF admits blindly backing Euro project, apologises for the immolation of Greece
The International Monetary Fund’s top staff misled their own board, made a series of calamitous misjudgments…
US dollar takes a step backward by 50pst following announcement of IMF loan
The US dollar lost over 50 piastres of its value against the Egyptian pound on the informal market on Wednesday…
Ousta negotiating investment of EGP 50m in 2016: founder
In May 2014, the World Bank stated in its Cairo Traffic Congestion Study that about “EGP 47bn are wasted every…
IMF chief Lagarde to face trial in French arbitration deal
France's top court has ruled that International Monetary Fund chief Christine Lagarde must stand trial in France…
Bank of England considers curbs on property funds
The Bank of England is considering curbs on withdrawals from property investment funds after Britain's vote to…
Russian-Egyptian-UAE Fund initial capital to reach $500 mln: minister
Egyptian government has agreed with the Russian side on the value of planned investments in the joint…
Egypt will invite bidders to develop 40 life-endangered slums in FY 2016/2017
Egypt’s Informal Settlements Development Fund (ISDF) is set to put out developing 40 risky slums to tender for the…
