Egypt
World Bank approves $3 billion loan for Egypt: cooperation minister
Egypt
December 18, 2015
World Bank approves $3 billion loan for Egypt: cooperation minister
The World Bank has approved a $3 billion loan for Egypt, to be disbursed over the next three years, International…
Egypt not to approve any decision against its interest: Minister
Egypt
December 18, 2015
Egypt not to approve any decision against its interest: Minister
Egypt will not approve any decision if it does not attain its interest or the interest of the developing countries,…
Egypt, UAE sign Mou on tourism
Egypt
December 16, 2015
Egypt, UAE sign Mou on tourism
Egypt's Tourism Minister Hisham Zaazou and UAE Culture, Youth and Community Development Minister Sheikh Nahyan bin Mubarak Al Nahyan have…
Saudi Arabia announces oil assistance, investments for Egypt
Egypt
December 16, 2015
Saudi Arabia announces oil assistance, investments for Egypt
Saudi Arabia has pledged new support for Egypt’s economy in the form of oil assistance and US$8 billion in additional…
African Development Bank approves $1.5 bn loan to Egypt
Egypt
December 15, 2015
African Development Bank approves $1.5 bn loan to Egypt
The African Development Bank (AfDB) has approved a US$1.5 billion loan to Egypt to be paid out over three years,…
World Bank’s loan gives credibility to Egypt’s economy: PM
Business
December 15, 2015
World Bank’s loan gives credibility to Egypt’s economy: PM
Prime Minister Sherif Ismail said on Monday that the World Bank's approval of a US$3-billion loan gives credibility to Egypt…
Egypt to hire foreign company to improve security at airports
Egypt
December 14, 2015
Egypt to hire foreign company to improve security at airports
Egypt said on Monday it would hire a foreign company to help improve the country's airport security, seen as a…
Auction yields on Egypt’s 1.5-yr and 3-yr rise, 7-yr T-bonds drop
Business
December 14, 2015
Auction yields on Egypt’s 1.5-yr and 3-yr rise, 7-yr T-bonds drop
Yields on Egypt's 1-1/2-year and three-year treasury bonds rose slightly while seven-year bonds dropped at an auction on Monday, data…
Egypt received 9 mn tourists in 2015
Egypt
December 13, 2015
Egypt received 9 mn tourists in 2015
Head of Egypt's General Authority for Tourism Promotion Samy Mahmoud, said that Egypt received nine million tourists since the beginning…
Egypt seeks to drum up Gulf investments
Business
December 13, 2015
Egypt seeks to drum up Gulf investments
Egyptian Prime Minister Sherif Ismail will meet Saudi officials and investors this week in a bid to drum up more…