Support includes $8 billion of investments, energy assistance as the two governments discuss Saudi purchase of T-bills and T-bonds.
17.12.2015
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News by
Bloomberg Business
Prime Minister Sherif Ismail said on Monday that the World Bank's approval of a US$3-billion loan gives credibility to Egypt and its economy.
16.12.2015
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News by
Egypt Independent
The bank's approval today is a strong message affirming that the Egyptian economy is moving at a steady pace towards comprehensive development.
16.12.2015
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News by
Ghana Web
The loan was approved by the International Bank for Reconstruction and Development last April to support the Karama and Takaful social schemes.
11.12.2015
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News by
Ahram Online
On a monthly basis, the urban inflation rate fell slightly by 0.3 percent while prices of food and beverages retreated by 1.7 percent.
11.12.2015
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News by
Star Africa
Egypt's petroleum ministry said it would appeal the judgement reached through international arbitration after Cairo annulled its contract with Israel.
08.12.2015
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News by
Business Recorder
Egyptian authorities revised its previous GDP fiscal year estimate of 5.0 to 5.5 percent amid renewed infrastructure investments.
08.12.2015
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News by
Economy Watch
The transaction is the first time the bank has sought to borrow from international banks since the North African country was hit by political unrest.
08.12.2015
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News by
Ahram Online
CBE said in a statement on its website that it has cleared "all the pending backlog" owed to foreign investors "to date".
03.12.2015
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News by
All Africa
The move by Amer in the first week of his tenure also signals he’s readying for a more liberal currency policy.
02.12.2015
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News by
Bloomberg Business