Latest Economy News
Egypt, Word Bank sign agreement for 2nd tranche of the $3bn loan
The loan will be put towards funding social safety net programmes and…
138 Pyramids targets funding start-ups with EGP 1m
138 Pyramids is participating in RiseUp Summit 2016, being held in Cairo…
EBRD, QNB Alahli fund SMEs with $140m
The European Bank for Reconstruction and Development (EBRD) is partnering with QNB…
Suez Canal Economic Zone: the Egyptian dream that could begin a renaissance
Hong Kong, Shenzhen, Singapore, Jebel Ali, Hamburg, Rotterdam, Tangier, and Panama are…
Egypt successfully secures $12bn IMF loan, to be repaid over 10 years at interest rate of 1-1.5%
The economic reform programme is by the Egyptian government for the Egyptian…
Will Egypt follow the example of Brazil or Argentina in dealing with the IMF?
Following the implementation of all of the International Monetary Fund’s (IMF) preconditions…
Egyptian pound to remain volatile for near future: JP Morgan
The sharp foreign exchange adjustment, fiscal reforms, and increase in energy prices…
Bright future for economy, critical for stock market, high interest rate is temporary: Prime Investment
Prime Investment bank said that floating the national currency is a great…
$1.2bn secured for importing food commodities for 6 months: CBE
Tarek Amer held a press conference on Thursday to disclose the details…
