Spare-Parts
-
Moody's upgrades Egypt's credit rating to B3
Egypt’s GDP grew 5.6 percent in the first half of the current fiscal year.
-
Kuwait fund to lend Egypt $1.5 bln over next five years
The fund is the Kuwaiti government's agency for aiding developing countries in areas such as agriculture, transport and energy.
-
Egypt's CIB board asks management to consider making offer for Citigroup retail ops
CIB said last month that Citigroup had opened its books for a due diligence process.
-
Egypt to receive Gulf deposits in two weeks: Minister
Egypt's net international reserves stood at $15.5 billion at the end of February.
-
Egypt’s budget deficit up 50.5 percent
The deficit reached LE 186BN during July-February 2014/2015, compared to LE123.6 billion during July-February 2013/2014.
-
Egypt’s non-oil private sector remains in contraction in March: HSBC
HSBC released a survey on Sunday and the outlook is negative.
-
Egypt to begin LNG imports as floating terminal arrives
Hoegh signed a five-year contract with Egypt in November 2014 to provide the import terminal and the country has since agreed to a number of LNG import deals.
-
Obama Ends Freeze On U.S. Military Aid To Egypt
Obama directed the release of 12 Lockheed Martin F-16 aircraft, 20 Boeing Harpoon missiles, and up to 125 M1A1 Abrams tank kits to Egypt.
-
UAE's Aabar, Arabtec said to eye more Egypt investments
Aabar last year bought a stake in Cairo-based Palm Hills Developments. Arabtec is also involved in a large housing project in Egypt.
-
Egypt adds name to join China-backed AIIB investment bank
China welcomes the application and if the process goes smoothly Egypt will become a member on April 14.