Egypt to repay IMF loan starting in May 2021
Egypt will begin repaying the International Monetary Fund (IMF) loan in May 2021 with a tranche worth US $2.75…
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indicators
Egypt marks first preliminary budget surplus in 15yrs
Egypt's Finance Minister Mohamed Mait on Thursday said that preliminary indicators of the state's budget for…
Dollar holds gains after Fed, looks to data for more impetus
The dollar kept modest gains against its peers on Thursday after the Federal Reserve signaled its confidence about…
Egyptian exports to Russia rise 32.8% in first 11 months of 2017
Egypt’s exports to Russia rose by 32.8 percent year-on-year in the first 11 months of 2017, trade minister Tarek…
Former MP Sadat says will not run in 2018 Egyptian presidential elections
Mohamed Anwar El-Sadat, the former MP and head of the human rights committee in the Egyptian parliament, announced…
Egypt’s core inflation falls by 33.26% in September: CBE
Egypt's key inflation indicators eased in September as the local market absorbed the impact of government fuel and…
Gold steady amid Fed rate hike expectations
Gold prices were little changed on Tuesday, hovering above a two-week low hit on Friday, amid expectations of a…
Gold holds near 6-week peak on safe-haven demand
Gold on Wednesday held near six-week highs hit the session before, with economic and political uncertainty boosting…
Europe stocks close lower; VW up by 4.5%
European stocks closed lower on Monday with banking and oil stocks leading the declines. The pan-European Stoxx 600…
Egypt state-owned Maritime and Land Transport: 75.2% rise in profits
The Egyptian state-owned Holding Company for Maritime and Land Transport approved Friday financial statements ended…
Oil futures rise but traders warn on premature rally
Crude futures rose on a raft of supportive indicators on Thursday, although some traders warned that physical…
Oil prices mixed as market ponders whether crude has bottomed out
Brent crude futures edged up on Monday after already making up ground last week as indicators mounted of the market…
Faisal Islamic Bank’s volume of business surges 7.4% in January
Faisal Islamic Bank of Egypt’s volume of business has increased by 7.4 percent to register EGP 56.141…
Egypt’s growth reaches six per cent in H1
Egypt’s economic indicators are good and growth rates have increased to about six per cent during the first half…