Egypt Investors Believe Sisi Presidency Will Bring Stability
Egyptian Army chief Field Marshal Abdel Fattah al-Sisi may not look like a model democrat, but foreign and local…
Browsing Tag
political turmoil
Egypt’s EFG-Hermes Seeks More Investment Banking Revenue from Abroad
EFG Hermes (HRHO.CA), Egypt's largest investment bank, wants to secure 60 percent of its investment banking revenue…
Egypt to Miss GDP Growth Target This Fiscal Year, El-Araby Says
Egypt’s economy is likely to grow less than the government’s target of at least 3% because of political turmoil,…
Egypt’s Sisi Gives Clearest Sign He Will Run for President
Egypt's armed forces chief, Field Marshal Abdel Fattah al-Sisi, has said he cannot ignore calls by the majority for…
Egypt Central Bank Keeps Key Interest Rates on Hold
Egypt's central bank left official interest rates on hold on Thursday, as it tries to stimulate…
Egypt Sees 33% Rise in FDI during 2013/2014
Egyptian Investment Minister said Monday net foreign direct investment in Egypt is expected to rise by a third to…
Egypt Says to Complete $1.5 bln Payment to Oil Firms This Week
Egypt will complete payment this week of $1.5 billion of the $6.3 billion it says it owes oil firms, a state…
Iskan Insurance Plans Capital Hike to EGP150 mln in FY2014/15
Iskan Insurance Company is planning within the coming fiscal year 2014/2015 to further increase its issued capital…
EBRD Steps up Lending to Arab States Hit by Unrest
The European Bank for Reconstruction and Development (EBRD) aims to invest up to 800 million euros next year in key…
S&P Raises Egypt Ratings to B- from CCC+
Standard & Poor's Ratings has raised its sovereign credit ratings for Egypt to 'B-/B' from 'CCC+/C', saying it…
