Latest Economy News
The feasibility of Egypt’s IMF loan
On 11 August, the International Monetary Fund (IMF) announced that it had…
German economy expands amid budget surplus
The German economy has logged another quarter of expansion, the National Statistics…
Egypt sees opening to become largest African economy
Though the top three seem to be in a constant back and…
Deteriorated economy forces Egyptians to endure ‘slavery’, maltreatment in Saudi Arabia and Kuwait
Some expats criticise discrimination and dwindling rights, consider kafala system a form…
World Bank allows Egypt just $1bn for budget-support programme, $2bn for development projects: Meit
US dollar loans allocated to pay off foreign commitments on time, no…
International creditors celebrate Egypt’s IMF loan: Moody’s
Egypt’s economic and financial strength, debt, and risk levels remain unchanged despite…
JP Morgan, BNP Paribas , Citi bank and Natixis to offer Egyptian dollar bonds in international markets
The Ministry of finance has chosen yesterday 4 international investment banks to…
EFIA supports IMF loan, says not enough
IMF loan needs to be facilitated, supported with economic reforms, such as…
Oversupply of wheat comes at a time when Egypt needs it most
Reports show one of the highest yields in global wheat production driving…
Would drop in reserves delay floating of EGP despite IMF report?
The timing of this move is in the hands of the CBE…
