In February, Egypt raised $4 billion in a dollar-denominated Eurobond sale to help plug its financing deficit and boost dollar holdings.
03.04.2018
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News by
Ahram Online
Al Nahyan explained that the bank aims to expand its branch network to 48 branches, along with increasing ATMs to 125 machines by the end of 2018.
02.04.2018
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News by
MENA FN
In March, market capitalization gained LE 81.89 billion, ending the month at LE 974.18 billion.
02.04.2018
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News by
Egypt Today
Farid explained that the stock market is a strategic financing platform for direct investment companies in a sustainable manner.
02.04.2018
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News by
Egypt Today
Nine out of 11 economists polled by Reuters said the bank on Thursday will cut the deposit and lending rates.
28.03.2018
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News by
Business Recorder
This came as a response to the requests of the investment banks during the latest Eurobond issuance.
28.03.2018
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News by
Egypt Today
A business incubator is a facility which provides new and startup projects and companies with affordable space, training and financing.
27.03.2018
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News by
Egypt Today
Sisi inherited an economy in tatters when he took over the presidency in 2014, requiring aggressive reforms that have largely stopped the rot.
27.03.2018
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News by
Reuters
Efforts to garner economic stability are gathering momentum, with reductions forecast in both inflation and the budget deficit.
20.03.2018
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News by
Egypt Today
The government had said that it intended to sell shares in dozens of state companies to boost public finances and draw more investors to the exchange.
19.03.2018
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News by
The Daily Star
The main objective of the agreement is to support the Egyptian government in its quest to achieve national development.
19.03.2018
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News by
Ahram Online
Egypt previously raised $4 billion in a three-times oversubscribed bond issuance in February.
13.03.2018
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News by
Ahram Online
This operation to raise between €1 billion and €1.15 billion should be launched before the 2018-2019 fiscal year.
13.03.2018
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News by
Ecofin Agency
The bank’s retail portfolio reached LE 18.1 billion in June 2017 versus LE 14.5 billion in June 2016 with 24.8 percent growth rate.
11.03.2018
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News by
Egypt Today
Governments need to work closely with the private sector to close African infrastructure gaps.
09.03.2018
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News by
Oxford Business Group
EFG Hermes is considering adding 20 percent more staff as one of the region's biggest investment banks expects an improved deals outlook in KSA.
07.03.2018
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News by
Ahram Online
Reuters had quoted three senior officials as saying the Egyptian government set the exchange rate at EGP 17.5 to the USD in the budget of 2018/2019.
07.03.2018
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News by
Ahram Online
Reserves had dropped to about $19 billion before Egypt signed the three-year IMF deal, with Egypt floating the currency and lifting capital controls.
06.03.2018
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News by
Ahram Online
In January 2018, Egypt kept its customs exchange rate at EGP 16 per US dollar, a figure which had been maintained for the last five months of 2017.
01.03.2018
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News by
Ahram Online
Many agree that Egypt’s reform programme was necessary. But as the economy starts to revive, decision-makers must keep an eye on social policy.
01.03.2018
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News by
Ahram Online
