Finance News
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UK embassy in Cairo launches 'StartEgypt' with EGP 47 mln grant for Egyptian entrepreneurs
Held at Downtown's entrepreneurs' hub the GrEEk Campus, the initiative was launched with its three themes of “Ideate”, “Build” and “Accelerate”.
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Egypt to receive next IMF loan disbursal in December
The payment will bring total disbursements under the programme to about $6 billion.
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Egypt, Romania to exchange expertise on SMEs
Egypt and Romania will form a working group for bilateral cooperation in the micro, SMEs field.
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Consumer Lending Market-The Latest Industry Data and Trends
Orbis Research has added Latest Research Report on "Global Consumer Lending Market 2017-2022" to its Database.
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Consumer Lending Market: Global Industry Size, Share, Outlook, Growth and Forecast
Recent research and the current scenario as well as future market potential of "Global Consumer Lending Detailed Analysis Report 2017-2022" globally.
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Egypt Entrepreneurship Summit launched
The summit is under the auspices of the Ministry of Investment and International Cooperation.
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Egypt signs financing agreement worth $3.1 bln with international lenders
The central bank said that Egypt received a total of $4.3 billion in bids for the repurchase transaction.
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Average yields on Egypt's 3- and 7-year T-bonds rise
The average yield on the three-year bonds rose to 15.874 percent on Monday from 15.578 percent at the last auction, on Oct. 30.
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Overseas Egypt T-bill holdings drop for first time since float
Overseas investors held 330.9 billion pounds ($18.8 billion) worth of T-bills as of Nov. 7 versus 333.6 billion pounds a week earlier.
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IMF reaches agreement with Egypt on $2 billion loan installment
An IMF delegation visited Egypt from 25 October to 9 November to assess the progress of the loan programme, which was finalised in November 2016.
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Egypt says foreign reserves rise to $36.703bn at end-October
Cairo’s foreign reserves have been climbing since the country secured a $12 billion, three-year International Monetary Fund loan programme.
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Egypt economy to grow by 4.5 percent in 2018
IMF expects that the Egyptian economy will grow by 4.5 percent in 2018 up from 4.1 in 2017.
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Egypt to keep customs exchange rate at 16 pounds in November
The pound has gradually strengthened in recent weeks, standing at about 17.63 to the dollar up from about 17.71 last month.
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IMF official says Egypt's economy is seeing `Broad-Based' growth
Gross domestic product expanded at an annual rate of 4.6 in the first half of 2017, the fastest pace in seven years which surprised economists.
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Egyptian Exchange hosts ASEA annual conference next month
This comes as part of the entity’s efforts to activate the cooperation with the African financial centers.
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Nasr, HSBC bank backs Egypt's strategy to lure investments
Nasr asserted the ministry's keenness to cooperate with HSBC bank to lure investors to Egypt especially for the widespread bank branches worldwide.