The Egyptian government will issue $3 billion in sovereign bonds in a further attempt to boost its declining foreign exchange reserves.
27.09.2016 African Business Review
This will lead to radical change in regulating items for funding activities in executive regulations of the Market Law as well as those of IPO.
26.09.2016 MENAFN
The bank kept overnight deposit rate, overnight lending rate and rate of CBE's main operation at 11.75 percent, 12.75 percent and 12.25 respectively.
23.09.2016 Ahram Online
Egypt is a country with great opportunities but what start-ups really need is more local investors willing to take risks, says Yaoota CEO.
21.09.2016 Daily News Egypt
2016: an opening for Egypt’s economy to recover or an entryway into a dark tunnel?
International lending is threatened with the fate of Gulf aid.
20.09.2016 Daily News Egypt
Of the $4 billion, 3 would be spent on development projects, mostly power sector. The remaining $1 billion would be used to bolster foreign reserves.
20.09.2016 The Daily Progress
IMF spokesman said that he expected the Fund's board to meet in the next few weeks to consider a $12 billion financing program for Egypt.
18.09.2016 Ahram Online
High inflation, application of VAT would raise Egyptian pound’s interest rate by 2% by the end of 2016, says analyst.
18.09.2016 Daily News Egypt
President Sisi ratified the VAT and thus is officially implemented.
10.09.2016 Ahram Online
The World Bank has provided Egypt with the first $1 billion tranche of a $3 billion loan, as part of its support for the government's economic program
09.09.2016 Ahram Online