Financial institutions in Egypt
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Egypt: 4th Review of IMF Loan Program to Start Today
The IMF increased the size of its loan to Egypt to $8 billion from $3 billion in March.
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Fitch upgrades our credit rating to ‘B’
The ratings agency cited an inflow of FDI, our commitment to maintaining a flexible exchange rate, and fiscal consolidation as driving the decision.
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Egypt's CBE sells €642.8 mln euro-denominated T-Bills
CBE sold €642.8 million in euro-denominated treasury bills (T-bills) on Monday, with a maturity period of 364 days, according to the bank’s website.
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IMF 4th review of Egypt loan programme scheduled for Tuesday
Prime Minister Mostafa Madbouly announced Sunday that the IMF fourth review of Egypt's loan programme is scheduled for Tuesday.
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Egypt made progress on its economic reforms: IMF Managing Director
Managing Director Georgieva spoke to Al-Ahram on the eve of her visit to Cairo, which starts on Sunday.
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Fitch upgrades Egypt's credit rating to B with stable outlook
Fitch Ratings announced on Friday that it has upgraded Egypt's long-term foreign-currency Issuer Default Rating (IDR) from B- to B, with a stable.
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IMF’s projects Egypt’s Inflation to cool to 16% by the end of FY2024/2025.
IMF forecasts that Egypt’s inflation rate will decelerate to a notable 16 percent by the conclusion of the fiscal year 2024/2025, which ends in June.
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PwC: Egypt’s M&A landscape is showing signs of recovery
Maye Ayoub, a Cairo-based partner in the firm’s Deals practice, walks through the latest developments in the M&A scene.
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InstaPay app issues urgent notice to its users regarding winter time
According to Law No. 24 of 2023, winter time in Egypt will begin at midnight on Thursday, October 31st.
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Egyptian perspective on a key mechanism in resolving double taxation disputes
A MAP allows taxpayers to seek relief from double taxation by requesting negotiations between tax authorities.