Egypt hopes to receive in December the first tranche, worth $750 million, of the $3 billion loan from the International Monetary Fund (IMF).
06.12.2022
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News by
Ahram Online
The billion-dollar loan will be repaid over 20 years, and Egypt will be granted a grace period of 10 and a quarter year.
04.12.2022
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News by
Egypt Independent
The report said that this development may reflect a rebalancing of flows among host countries and regions.
04.12.2022
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News by
Daily News Egypt
The financing will further help support the economic growth programme by raising agricultural productivity and sustainability.
03.12.2022
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News by
Zawya
Receiving CBE’s preliminary approval to launch Takka reflects confidence in ADIB-Egypt and ADI-Consumer Finance’s compelling brand portfolio.
03.12.2022
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News by
Daily News Egypt
Gulf states have deposited at least $13 billion with Egypt's central bank to support its economy so far this year.
30.11.2022
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News by
Reuters
The deposits were due to mature in April 2022.
29.11.2022
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News by
Amwal al ghad
CBE launched its financial inclusion strategy for 2022-2025 that sets key objectives and priorities for creating financial inclusion in the country.
27.11.2022
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News by
Ahram Online
The consolidated financial statements of the Housing and Development Bank (HD Bank) indicated a 26.40% growth in the bank’s net profits.
27.11.2022
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News by
Zawya
Shaker noted that the strategic relations between Egypt and the World Bank bolstered the country’s efforts for transformation towards a green economy.
21.11.2022
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News by
Zawya
The card was designed and produced in cooperation with VISA, G+D and i-Finance and is environmentally friendly.
20.11.2022
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News by
Daily News Egypt
Maait's remarks came during his meeting on Wednesday with AFDB President Akinwumi Adesina, on the sidelines of COP 27.
17.11.2022
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News by
Egypt Today
This represents a growth rate of 95%, supported by an increase in net income from the return by 17%.
16.11.2022
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News by
Daily News Egypt
The loan consists of a $130 million credit facility from the bank and $30 million from Africa growing together fund (AGTF).
16.11.2022
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News by
African Leadership Magazine
This surpasses the 15.7 percent mark registered in November 2018, the Central Agency for Public Mobilisation and Statistics (CAPMAS) announced.
13.11.2022
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News by
Ahram Online
The World Bank's active portfolio in Egypt is composed of 14 operations for a net commitment amount of $6.83 billion.
06.11.2022
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News by
Egypt Today
Meeting comes within IMF Managing Director Kristalina’s participation in COP27 in Sharm El-Sheikh
06.11.2022
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News by
Daily News Egypt
The regulation encompasses several pillars, including the establishment of an independent department for sustainability and sustainable finance.
04.11.2022
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News by
Egypt Today
Egypt's net international reserves (NIRs) registered $33.4 billion in late October, an increase of $214 million over its volume in September.
04.11.2022
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News by
Ahram Online
Bloomberg Economics estimates the pound needs to weaken to EGP 24.6 per USD 1 “to bring Egypt’s trade deficit to a reasonable level.”
27.10.2022
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News by
Egyptian Streets
