The support will come in the form of grants and concessional funds.German investments in Egypt are estimated to be a total €1.5 billion.
05.03.2017
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News by
Daily News Egypt
The average yield on the 10-year bond increased to 16.889 percent from 16.784 percent when it was last sold.
28.02.2017
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News by
Ahram Online
Samih Sawiris on ound flotation and Egyptian economy in an interview with Reuters.
23.02.2017
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News by
Reuters
The Planning and Budget Committee says the country's IMF reforms have begun to pay off, depressing demand for USD and causing its value to drop 5%.
16.02.2017
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News by
Ahram Online
ECB set the initial rate at 18.5 pounds to the dollar, in line with the interbank rate at the time.
16.02.2017
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News by
Reuters
Egypt's arrears owed to foreign oil companies stood at $3.5 billion at the end of December, down from $3.6 billion in September.
15.02.2017
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News by
Ahram Online
Tarek Amer said that Egypt received a total of $4 billion in yields from Eurobonds issued on the global bond market last week.
06.02.2017
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News by
Ahram Online
More details have emerged regarding Egypt’s ambitious programme of economic reform.
01.02.2017
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News by
Oxford Business Group
The IMF agreement revealed that Egypt had committed to imposing either a capital gains tax or a stamp duty on stock market transactions by 2017/18.
22.01.2017
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News by
Reuters
The IMF deal was approved by the cabinet on 11 January, but is yet to be approved by parliament.
19.01.2017
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News by
Ahram Online
The poll predicts economic growth will slow in the fiscal year starting in July to 3.5% but pick up again in 2018/19 to reach 4.0%.
19.01.2017
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News by
Gulf News
This means that the CBE has neared its target of foreign exchange reserves estimated at $25bn.
08.01.2017
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News by
Daily News Egypt
12 currencies from a total of 60 currencies in the world will rise against the dollar this year, the luckiest of which would be the Egyptian pound.
08.01.2017
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News by
Egypt Independent
9 of Egypt’s biggest business associations ran a full-page ad in newspapers appealing to President Abdel-Fattah El-Sisi to find a solution.
29.12.2016
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News by
Bloomberg Business
Tarek Amer says consumer inflation will be brought under control when Egypt’s exports increase, aided by the return of tourism and foreign investments
28.12.2016
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News by
Ahram Online
The increase is the single highest shift after the stability that lasted three days at the national banks.
20.12.2016
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News by
Egypt Independent
Egypt planned to begin a road show for its initial Eurobond issuance in November but later said this may be delayed due to market volatility.
19.12.2016
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News by
Business Recorder
Criminal investigations against six unnamed persons are now underway, the OAG said in a statement, while 430 million francs remains frozen.
19.12.2016
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News by
The Business Times
The loan is the second of three expected disbursals.
15.12.2016
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News by
Business Recorder
In the CIB, the sale price for the US dollar reached LE18.60 on Wednesday morning.
15.12.2016
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News by
Egypt Independent
