Egypt needs more private capital – and that’s everyone’s responsibility
As developed market interest rates stall or fall and the inflation-adjusted returns on most sovereign debt drops to negative territory once again – the global search for yield by institutional…
Finance Ministry plans to float EGP 160.75bn worth debt instruments during September
Ministry is issuing 16 offerings of EGP 151bn worth T-Bills and 8 T-Bonds offerings of EGP 9.75bn
EM securities outflows recorded $13.8bn in August: IIF
Net capital flows including E&O in Egypt to reach $7.3bn by end of 2019
Medaf Investments acquires 26% of Thuraya Oil Refining
The Egyptian Exchange (EGX) trading screens on Thursday saw the implementation of the deal in an off-market transaction worth more than EGP 10m on 10,000 shares.
Russia declares unilateral ceasefire in Syria’s Idlib
At least 50 people were killed in intensive air and ground strikes in Syria
IS claims responsibility for killing 6 separatists in Aden
UAE strikes Aden, Yemeni government condemns
Aboul Gheit condemns opening of diplomatic office for Honduras in Jerusalem
Palestine’s ministry of foreign affairs filed complaint to UN against the move
Egypt hands over its vision on GERD to Ethiopia, Sudan
Period of growing crops that require large amounts of water is over, says Irrigation Minister
Egypt, Russia, Belarus conclude “Protectors of Friendship 4” joint military exercise
More than 1,000 military personnel participated in drills
Tanta Museum reopens after 19 years
The five-floor museum puts 1,208 coins on display from almost Egypt’s all historical eras. It also features statues from the country's various historical periods.
