Egypt bears an annual burden of over EGP 13 billion due to interest rate differences in loans provided domestically at discounted interest rates.
18.12.2023 Ahram Online
This amendment enables closed investment fund companies to issue multiple batches of documents, streamlining the establishment and processes.
18.12.2023 Egypt Today
He also added that Egypt has dedicated LE 160 billion to support the agricultural, industrial, and tourism sectors.
18.12.2023 Egypt Today
Egypt has received $38.8 billion of soft development loans and grants from international development partners between 2020 and 2023.
18.12.2023 Ahram Online
The Egyptian government's decision to rationalize spending will not affect crucial sectors such as health, supply goods, petroleum and gas supplies.
18.12.2023 Ahram Online
British bank HSBC projected the Egyptian pound to experience devaluation, reaching EGP 40-45 against the US dollar, during the first quarter of 2024.
17.12.2023 Ahram Online
Amid the escalating geopolitical tensions due to the Gaza war, different scenarios emerged regarding Egypt’s $3 billion loan.
17.12.2023 Ahram Online
At the European Universities in Egypt, Emirates NBD-Egypt made a resounding statement by offering the youth segment free accounts and debit cards.
17.12.2023 Egypt Today
Growing inflation, foreign currency shortages, and commodity supply bottlenecks could lead to weak private-sector consumption and export decline.
17.12.2023 economy middle east
Additionally, the EBRD is considering granting a €165 million loan to Egypt to modernize the electrical grid and reduce pollution.
14.12.2023 Ahram Online
