Latest Economy News
$17.5bn foreign investments in debt instruments by the end of June
$3-4bn the volume of foreign investments exit in Egypt’s debt instruments during…
EGP 157bn increase in tax revenues in FY 2017/2018: Finance Minister
Decrease in budget deficit to reach 9.8% in FY2017/2018 compared to 10.9%…
In light of IMF’s third review report, analysts recommend authorities to boost Egyptian exports, refraining risks
Exports are projected to reach $53.1bn in current FY 2018/2019
GlassRock investments reached $63m by end of 2017
Company produces 50,000 tonnes per year, supplies insulation materials for 20 building…
Nasr negotiates with WB to expedite $500m social housing fund
Reports emerge that Egypt requests $2bn from WB
High return on debt instruments maintains attractiveness of investment in Egyptian market: Beltone
Decision to stabilise interest rate was expected, took into account expected inflationary…
Government intends to borrow EGP 475.5bn from domestic market in Q1 2018/2019
Finance Ministry floated debt instruments worth EGP 1.614tn in FY 2017/2018
IMF approves 4th $2bn tranche of Egypt’s loan
The Executive Board of the International Monetary Fund (IMF) approved today the…
IFC, Financial Regulatory Authority begin consultations on green bond guidelines in Egypt
The IFC has been assisting the FRA in formulating draft guidelines for…
What Saudi women driving means for the country’s economy
Lifting ban on women driving will increase number of women looking for…