Latest Economy News
Middle Eastern debt issuance reaches $57.4bn in H1 2017 with 53% increase: Reuters
The largest deal to be announced in 2017 is Tronox’s $2.2bn acquisition…
Inflation looks set to fall back sharply towards the end of 2017, says Capital Economics
Beltone didn’t see interest rate hike to tame inflation
Economy to recover in 2018 with expected inflation hikes: Arqaam Capital
The Egyptian pound is expected to appreciate by 10% or more in…
CBE raises interest rate 2%, defying all predictions
Monetary Policy Committee (MPC) decided to raise the overnight deposit rate, overnight…
Nasr signs MoU with ICD to finance infrastructure projects
Nasr signed a $10m financing agreement with the IDB to combat bird…
MTI achieves 38% increase in revenues in Q1 2017
MM Group for Industry and International Trade (MTI), a company for manufacturing,…
Egypt to receive 3rd tranche of World Bank loan in December
It is crucial to replace intangible support with cash support, says Ghanem
ALPLA Taba launches packaging factory with investment of EGP 500m
The new factory will be built on an area of 40,000 sqm…
Afreximbank grants NBE $300m financing facility
The African Export-Import Bank (Afreximbank) has granted a $300m financing facility to…
Approval for 655 projects in Q1 2017: Kabil
The approvals spanned nine industrial fields, with investments worth EGP 15.6bn