Egypt central bank accepts repos worth 23bn Eg pounds
The repos carry a fixed rate of 9.75 percent, and the 23 billion EGP are seven-day repurchase agreements.
23.05.2012 15:00 | from DigiFly
Senate panel votes to cut aid for Pakistan, Egypt
$2.6 billion were voted off the aid package to Afghanistan, Egypt and Iraq, against Obama's intentions.
23.05.2012 14:00 | from AP
Details of Egypt's GDP growth 2012
Despite an impressive 5.2 per cent growth on annual basis, Egypt's economy shrank quarter-on-quarter, official yet un-published data shows.
23.05.2012 12:00 | from Ahram Online
CBE: Egypt does not need IMF loans
Farouk Al Oqda, governor of the Central Bank in Egypt, said that Egypt is waiting for the Arab countries to deliver their promises.
23.05.2012 09:00 | from Egypt State Information Service
Ex-Egypt banker should pay $350,000 in assault, Judge recommends
Former Chairman of Bank of Alexandria Mahmoud Abdel Salam was sued in Manhattan for sexually abusing a hotel maid.
22.05.2012 10:00 | from Bloomberg
Egypt to sell $500 million in treasury bonds to Saudi Arabia
Bonds will be part of a financial support package promised by the Kingdom last year, says planning minister.
22.05.2012 09:30 | from Ahram Online
Egypt GDP grows an unexpected 5.2 pct in 1Q2012: Minister
Egypt's economy bounces back in 2012 after shrinking 4.2 per cent in the first quarter of last year, says planning minister.
22.05.2012 07:00 | from Ahram Online
Finance Minister determines features of new budget
Egyptian Finance Minister Motaz al-Saeed discussed the provisions of the country's general budget and its most important features.
21.05.2012 14:00 | from All Africa
IMF slipped on Greece, Egypt suffers: Finance minister
Egypt has met IMF conditions & still awaits a loan says minister, pointing to Greece which got approved but is failing to meet its fiscal commitments
21.05.2012 10:00 | from Ahram Online
CBE: FDI Up By 95 Percent in Q2 of Fy 2011/2012
Britain comes first among the EU states with 335.4-million-dollar investments being pumped into the Egyptian market.
20.05.2012 14:00 | from All Africa
Egypt's new budget targets subsidies, boosts wages, social spending
Finance minister unveils spending plans for 2012/13, balancing hikes in state salary and infrastructure investment with cuts in petrol subsidies.
20.05.2012 09:30 | from Ahram Online
EBRD agrees 1 bln euro N.Africa fund
The fund will be used for investment in the development bank's new countries of Egypt, Jordan, Morocco and Tunisia, the bank added.
20.05.2012 08:00 | from Reuters
NBD & Bank Audi arrange EGP 688 mln loan to Egyptian company for phosphate
The consortium was signed last Tuesday after a difficult competition with five other banks.
20.05.2012 07:00 | from Amwal AlGhad
Opinion: America should stop giving $2 billion of U.S. aid to Egypt unconditionally
If Egypt under-performs, the U.S. should shift some of its military aid to promote economic growth, says Graham Palmer.
19.05.2012 09:30 | from Policy Mic
Analysts: Budget should be shelved until after polls
The Egyptian Government has endorsed its budget for the coming fiscal year with a deficit forecast of LE140.3 billion.
19.05.2012 08:00 | from Egyptian Gazette
Egypt's Central Bank governor denies IMF talks: source
Official source says that CBE's governor was not in Washington for IMF loan talks.
19.05.2012 07:30 | from Ahram Online
Details of Egypt's 2012/13 state budget remain vague: Official
The particulars of next year's state budget – released this week by local media – 'lack accuracy and will be modified,' finance ministry source says.
18.05.2012 10:00 | from Ahram Online
Egypt offers T-Bills after deficit-cut plan; Dollar bonds gain
The North African country will seek bids for six- and 12- month securities valued at 3 billion pounds and 3.5 billion pounds.
18.05.2012 09:00 | from Bloomberg
Mohamed Gouda: IMF procrastinates by negotiating over loan
the People’s Assembly is working on a number of economic reforms, irrespective of the commitments imposed by the fund.
17.05.2012 16:00 | from Amwal AlGhad
Priorities for EU’s 2013 cooperation with MENA countries unveiled
Among the features of the revised policy is a partnership approach focused on supporting democracy, economic growth & job creation in Egypt.
16.05.2012 15:00 | from Devex
Private equity plays role in Mideast development
Private equity firms are increasingly viewed as potential partners for governments working to rebuild their economies.
16.05.2012 11:00 | from Marketwatch
Money laundering skyrockets after Arab Spring
Some SFr600 million in suspicious transactions was reported last year in connection with Egypt and Tunisia and other Arab countries.
16.05.2012 09:30 | from Eurasia Review
Knife brawl over $8 food debt reveals Egyptian risks
Egypt’s worst economic slowdown in decades is testing the faith of those facing the greatest hardship as presidential elections are near.
16.05.2012 09:00 | from Bloomberg Businessweek
Egypt sells more dollar T-bills than it sought
The Ministry of Finance accepted $1.013 billion, which is some $250 million more than it had offered, the central bank said.
16.05.2012 08:30 | from TegaraNet
Egypt's World Bank loan will 'lead us to hell': Islamist MPs
The road to hell is paved with development loans, Egyptian Islamists tell Parliament, saying interest payments are forbidden by religious law.
16.05.2012 07:30 | from Ahram Online
