The mandate brings the division’s Egypt-focused assets under management (AUM) to EGP 10.5 billion.
10.11.2016
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News by
Reuters
She said she would recommend that the IMF Executive Board approve Egypt's request for $12 billion in loans when it meets this Friday.
10.11.2016
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News by
NZ Herald
Last Thursday, Egypt floated its currency and increased the prices of subsidised fuel.
09.11.2016
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News by
Ahram Online
Egyptian lenders need billions of dollars to meet demand from businesses starved for dollars.
09.11.2016
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News by
Bloomberg Business
The EGX 30 Index surged 6.1 percent, extending the longest winning streak since March.
08.11.2016
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News by
The Daily Star
Inflows of hard currency may be slow to arrive, at least in the huge volumes required to eliminate the dollar shortage and bring investors.
08.11.2016
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News by
business Insider
The push to finalize the loan comes as Egyptian banks on Sunday began freely trading foreign exchange on the interbank market for the first time.
07.11.2016
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News by
Bloomberg Business
The reforms are part of a process to acquire an IMF loan.
06.11.2016
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News by
The News International
The exchange rate will be set by “supply and demand,” Amer said.
03.11.2016
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News by
Bloomberg Business
Egypt’s economy has been suffering from a shortage of hard currency that officials have said a $12 billion loan from the IMF would help solve.
03.11.2016
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News by
The Daily Star
Analysts raise concerns over lack of transparency regarding the economic activities of the Armed Forces.
03.11.2016
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News by
Mada Masr
The decision was a surprise to the market and everyone ... but a pleasant surprise ... The tax had a negative impact, Omran said.
03.11.2016
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News by
Reuters
As customary, the Asian embassies will sell traditional hand-made products and the food for which their countries are famous.
02.11.2016
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News by
Business Standard
Factories are halting production, shops are running low on stocks and a sense of panic is spreading.
01.11.2016
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News by
Reuters
Egypt is turning to the IMF as it seeks to restore investor confidence in an economy that’s been undermined by persistent political unrest.
30.10.2016
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News by
Gulf News
As previous devaluations show, it is necessary to have a sufficient liquidity shield to maintain control over Forex market.
25.10.2016
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News by
Investing.com
The measure comes amid attempts to address Egypt's economic crisis, including an acute dollar shortage and surging inflation.
23.10.2016
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News by
Ahram Online
The bank provides cash for foreign exchange only on condition of reviewing customers' travel documents.
20.10.2016
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News by
Daily News Egypt
IMF officials have said that they have held discussions on bilateral financing for Egypt with Saudi Arabia, China, and G7 countries.
20.10.2016
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News by
Ahram Online
These new controls are designed to prevent cards abuse, says bank chairperson.
19.10.2016
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News by
Daily News Egypt
