Finance Minister Mohamed Maait said that the government was looking to raise some USD 6.5 bn as recently as February.
22.04.2024
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News by
Enterprise
Scheduled for 30 April, in Cairo, the event aims to delve into investment prospects and feasibility of establishing companies in Egypt, UAE and KSA.
22.04.2024
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News by
Ahram Online
The partnership aims to establish and manage a $30 million fund dedicated to supporting the growth of fast-growing startups.
21.04.2024
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News by
Ahram Online
Egypt’s overall debt to GDP is expected to decline to 82.6 percent of GDP in 2025, from over 90 percent in 2024, and will continue to shrink.
21.04.2024
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News by
Ahram Online
The Egyptian government is committed to empowering the private sector to take the lead in driving economic growth and capturing a significant share.
18.04.2024
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News by
Egypt Today
Maait also said the government aimed to sell more state assets, which would reduce the state’s role in the economy.
18.04.2024
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News by
Arab News
Egypt’s external debt is projected to rise during the current FY2023/2024 due to the depreciation in the exchange rate, Era Dabla-Norris.
18.04.2024
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News by
Ahram Online
The combined number of people who invested in two gold investment funds has reached approximately 103,000 by the end of March 2024.
18.04.2024
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News by
Egypt Today
The Ain Sokhna float plant in Egypt will see its capacity increased with the construction of a second flat glass production line.
18.04.2024
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News by
Saint Gobain
The funds are earmarked for settling past debts and addressing the national budget shortfall.
17.04.2024
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News by
Zawya
The South African bank’s presence in Egypt will allow it “to capitalize on the significant emergence of the Gulf-sub Sahara Africa-Egypt corridor.
17.04.2024
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News by
Enterprise
Al-Mashat also discussed regional and international challenges and their impact on developing countries and emerging economies.
17.04.2024
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News by
Egypt Today
Revenues grew 82.4% to EGP 10.175 billion in Q1 2024 from EGP 5.580 billion in the same quarter last year.
17.04.2024
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News by
Zawya
The bank has lowered its expectations for Egypt's economic growth during the current year to 2.8 percent from its previous estimates of 3.5 percent.
16.04.2024
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News by
Egypt Today
Previously, the limit for ATM withdrawals was EGP 20,000, and for withdrawals from bank branches was EGP 150,000.
16.04.2024
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News by
Scene now
Now that the EGP is trading in banks for considerably less than on the parallel market before the float, inflationary pressures have begun to ease.
16.04.2024
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News by
Enterprise
Investment bank EFG Hermes said the share price was 6.46 Egyptian pounds ($0.3874) per share.
15.04.2024
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News by
Reuters
This reflects a growth of approximately 14.4 percent compared to the previous month’s figure of $35.31 billion.
15.04.2024
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News by
economy middle east
The 1 billion euros in short-term aid is part of a bigger package worth 5 billion euros in loans, the statement said
14.04.2024
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News by
Egypt Today
The Ministry of Emigration launched a campaign to clarify the importance of promoting the role of the Egyptian state and efforts to boost investmets.
14.04.2024
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News by
Egypt Independent
