UAE development arm deposits $1 billion to spur Egypt economy
The Abu Dhabi Fund for Development (ADFD), the UAE’s international development arm, has deposited $1billion at…
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Tarek Amer
UAE’s Egypt deposit ‘timely’, contributes to pound stability: official
The latest Emirati deposit of one billion dollars to Egypt is "timely" and contributes to the stability of the…
Parliament initially approves restructuring Egypt’s state agricultural bank
The agricultural and economic affairs committees in the Egyptian parliament have given their initial approval on…
Egyptian pound hits record low to 12.90 against dollar on black market
Egypt’s currency has weakened to a record low of 12.90 against the dollar on the black market on Sunday, as the…
Now is not the time to float Egyptian pound: c.bank governor
Egypt's central bank governor stated on Wednesday that it was not the right time to talk about floating the…
Devaluation surge ends, Egypt stocks slump on Monday
Egypt’s stock market pared its advance on Monday after two sessions of strong gains. Main index, EGX30 tumbled 0.15…
Why Africa’s next currency devaluation may be in Egypt: Bloomberg
Two weeks after Nigeria, Africa’s biggest economy, allowed the naira to weaken, Egypt’s central bank governor Tarek…
Egypt’s current account deficit almost doubled in first nine months of 2015/16
Egypt's current account deficit almost doubled in the first nine months of 2015/16 to $14 billion from $8 billion…
Egypt’s cenbank pays back $1 billion debt to Qatar
Egypt has returned to Qatar $1 billion deposited by the Gulf state to help prop up the Egyptian central bank's…
Egypt’s cenbank pays back $1 billion debt to Qatar
Egypt has returned to Qatar $1 billion deposited by the Gulf state to help prop up the Egyptian central bank's…
