Latest Economy News
Egypt obtains pledges worth $16.3bn for financing economic reforms during FY 2016/2017
Tarek Amer said that those countries include seven leading industrial countries and…
IMF mission chief for Egypt welcomes CBE’s decision to float the Egyptian pound
The CBE decided to float the Egyptian pound on Thursday
Floating the Egyptian pound puts Egypt on the right track: Investment Minister
Khorshid said the decisions taken by the Supreme Investment Council early this…
CIB negotiates with 8 banks to fund Orascom Hotels loan rescheduling worth EGP 2bn
The company looks to reschedule both short- and mid-term loans
MPs expect debt repayment allocations to soar to EGP 400bn by fiscal year’s end
Flotation of the Egyptian pound is a bitter medicine, says MP Khalil
CBE poses exceptional tender for $100m
The tender will cover open currency positions in foreign currency at banks
EGX boosted to its highest record in 19 months
This comes after the CBE decided to liberalise the exchange rate of…
Floating the Egyptian pound is an excellent step: Naguib Sawiris
Sawiris called on the Egyptian people to support the CBE's decision
CBE floats Egyptian pound, raises interest by 3%
The CBE decided on Thursday to let banks in the market set…
Indian Tea Delegation visits Egypt to enhance trade relations
The delegation participated in an interactive session with the supply minister, Indian…
