Finance News
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Egypt is the 2nd wealthiest country in Africa
Cairo was named also the 3rd richest city in the continent with $140bn in wealth after Johannesburg and Cape Town.
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Egypt’s market capital losses reach LE64 billion
Egypt’s benchmark index (EGX 30) fell by 3.8 per cent, standing at 14,098 points.
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Livestock Insurance Market by Top Brands, Trends and Demand 2018 to 2025
Qyresearchreports include new market research report “Global Livestock Insurance Market Size, Status and Forecast 2025” to its huge collections.
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Livestock Insurance Market by Top Brands, Trends and Demand 2018 to 2025
Qyresearchreports include new market research report “Global Livestock Insurance Market Size, Status and Forecast 2025” to its huge collections.
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Egypt stock market to move sideways
Investors likely to start fresh selloff streak awaiting new stimulus.
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HSBC named lead bank for Egypt AMOC listing
The government is selling minority stakes in public companies on the stock exchange.
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Egypt's headline and core inflation edge up in August
Egypt's core inflation edged up to 8.83 percent year-on-year in August from 8.54 percent in July.
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Egypt to get $1 billion for basic goods from Islamic Bank
The International Islamic Trade Finance Corporation (ITFC) will provide Egypt with $1 billion to support the provision of basic goods.
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US to release $1.2 billion in military aid to Egypt
Secretary of State Mike Pompeo has authorized the release of $1.2 billion in U.S. military assistance to Egypt.
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Egypt's foreign reserves rose by $104 million in August
Egypt's foreign reserves have been steadily increasing since Tariq Amer took office as the governor of the central bank in October 2015.
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Egypt's finance ministry auctions EGP 16.2 bln in T-bonds
The ministry of finance said it sold EGP 8.250 billion of 91-days T-bills with an average interest rate of 19.179%.
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Moody's raises Egypt credit outlook
Moody's affirmed the country's long-term issuer rating at B3, six levels below investment grade.
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Sarwa Capital reveals IPO plans on Egyptian Exchange
Sarwa Capital, the leading provider of consumer and structured finance solutions in Egypt, targets launching an initial public offering on the EGX.
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Egypt PM pushes for integrated investment map to attract foreign investors
Mostafa Madbouli on Sunday chaired a meeting to discuss the establishment of an integrated investment map for projects in all sectors.
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Egypt’s economy shows positive indicators for recovery
An interview with Michelle Bond, deputy head of Global Regulatory Affairs and Public Policy at Bloomberg LP, about her opinion on Egypt's Economy.
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Egypt's core inflation falls to 8.54 pct in July
Inflation jumped after Egypt devalued its currency in November 2016.
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Egypt's IPF to reduce fees paid by investors by 50%
Mohamed Omran reviewed a study outlined with the aim to expand IPF coverage to include more investors.
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