The Prime Minister explained that foreign direct investments decreased due to the global economic and the Russian-Ukrainian crises.
16.05.2022 Egypt Independent
Fitch Solutions revised up Egypt’s real GDP growth forecast by 0.1 percent for 2022 to reach 5.6 percent, up from the 5.5 percent it projected April.
16.05.2022 Ahram Online
A new banking challenger, Misr Digital Innovation (MDI), is gearing up for launch in Egypt as the country’s first fully digital bank.
16.05.2022 Fintech Futures
Minister of Finance Mohamed Maait announced that the government is considering issuing Yuan-dominated bonds that will target Chinese market.
16.05.2022 Ahram Online
On 1 July, Egypt’s FY 2022/23 budget will be rolled out with a total value of EGP 9.2 trillion, the highest in the country’s history, growing by 16.3.
16.05.2022 Ahram Online
The European Bank for Reconstruction and Development (EBRD) raised its projections for Egypt’s GDP growth for the current FY2021/22 to 5.7 percent.
11.05.2022 Ahram Online
The reading still records under the 50 threshold limit, marking the second-fastest decline in business conditions since June 2020.
10.05.2022 Zawya
Egypt will delay the planned offering of shares on the stock exchange of a number of state companies until after the summer vacation.
08.05.2022 Devdiscourse
Both the short term rating and the local currency short term default rate stand at B, while the country ceiling is B+.
25.04.2022 Egypt Today
The bank is also facilitating supply operations from farmers and receiving all wheat supplied from them.
10.04.2022 Daily News Egypt
