Business
CAPMAS reports Egypt’s trade deficit increased 8.4% in July
October 14, 2018
CAPMAS reports Egypt’s trade deficit increased 8.4% in July
The Central Agency for Public Mobilization and Statistics (CAPMAS) on Sunday reported that Egypt’s trade deficit widened to $4.10…
Egypt’s government considers solutions, adopting with economic crises
October 14, 2018
Egypt’s government considers solutions, adopting with economic crises
Egypt’s Deputy Minister of Planning for Planning Affairs Ahmed Kamali said on Saturday that the government would form a committee…
Egypt looks to tap Asian debt markets under debt restructuring
October 13, 2018
Egypt looks to tap Asian debt markets under debt restructuring
Egypt is considering issuing bonds in currencies other than the euro and the US dollar after launching a roadshow…
World Bank praises Egypt’s economic reform at Bali meeting
October 12, 2018
World Bank praises Egypt’s economic reform at Bali meeting
President of the World Bank Jim Kim presented on Friday the success stories of economic reform in four countries,…
Finance minister denies Egypt requested additional IMF loan
October 12, 2018
Finance minister denies Egypt requested additional IMF loan
Egypt has not requested an additional loan from the International Monetary Fund (IMF) or an extension of the current…
Moody’s changes Egypt’s banking system outlook to positive
October 11, 2018
Moody’s changes Egypt’s banking system outlook to positive
Rating agency Moody’s announced Wednesday that it has upgraded its outlook for Egypt’s banking system to positive from stable.…
Egypt central bank signs $3.8 bln finance accord with international banks
October 11, 2018
Egypt central bank signs $3.8 bln finance accord with international banks
DUBAI, Oct 11 (Reuters) – The Central Bank of Egypt said on Thursday it agreed to enter into a…
Egypt’s annual inflation rate declined 15.4 percent in September: CAPMAS
October 10, 2018
Egypt’s annual inflation rate declined 15.4 percent in September: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Wednesday that the annual inflation rate declined to…
Leaders need to fix broken economic models: IMF chief
October 10, 2018
Leaders need to fix broken economic models: IMF chief
World leaders need to fix global trading systems instead of trying to tear them down, International Monetary Fund chief…
IMF expects Egyptian economy to grow 5.3% in 2018
October 9, 2018
IMF expects Egyptian economy to grow 5.3% in 2018
The International Monetary Fund (IMF) expects Egypt’s economy to grow by 5.3 percent in 2018 and 5.5 percent in…