Latest Economy News
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
Egypt’s international bonds rise to $18bn by end-February 2018: Finance Ministry
T-bills maturity from 1-30 years, due from 10 December 2018 to 21…
Moody’s ranks Egypt’s 1st movable collateral registry as credit positive for banks
Moody’s Investors Service announced on Sunday that Egypt’s first movable collateral registry,…
Egyptian government applied for programme to protect middle class: World Bank
Government currently working on package of measures in favour of middle class,…