Latest Economy News
Egypt targets 4% deficit by 2022: El-Garhy
Egypt’s Minister of Finance Amr El-Garhy said that his ministry aims to…
Beltone expects tourism revenues to reach $6.2bn in FY 2017/2018
FY 2017/2018 expected to see reduced CA deficit, normalised portfolio inflows
Egypt’s current account deficit dropped 64% to $3.4bn in H1 FY 2017/18
Improvement was backed by 5% GDP growth in 2017—highest on record since…
16% decline in EGF Hermes’ profit in 2017
Egyptian Financial Group Hermes Holding (EFG Hermes) announced in a press statement…
No significant decline expected in T-bonds demand after interest rate cuts: EFG Hermes
EFG Hermes has ruled out any significant decline in foreign investors' appetite…
IFC does not yet wish to sell its stake in AlexBank
International Finance Corporation (IFC), the World Bank Group's investment arm, has shown…
B Investments IPO oversubscribed 54 times one hour before closure
Share price at EGP 10.78, with 19% expected return, Mubasher Trade says
Greek delegation promotes investment opportunities in tourism, real estate
Total Greek investments in Egypt at €1.3bn
Terrorism has become transboundary, cannot be confronted without coordination, cooperation among all countries: Mohamed Idris
We are keen to develop united position for Africa on international issues,…
Local currency T-bonds balances fell EGP 5.1bn at end-February 2018
Egyptian banks considered biggest investors in bonds, T-bills
