Tightened liquidity suggests a need for the GCC aid in the second half of 2014 to support the Egyptian pound and ease external funding pressures.
09.09.2014
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News by
Daily News Egypt
Loans will help fund development of petroleum refinery and first phase of redevelopment work at Sharm El-Sheikh airport.
09.09.2014
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News by
Ahram Online
Government is working to repair public sector companies’ financial structures that suffer significant losses and weak production.
08.09.2014
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News by
Daily News Egypt
Bank Audi was one of the first Lebanese banks to move to the Egyptian and Syrian markets before the Arab revolutions broke out.
08.09.2014
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News by
Daily Star Lebanon
Egypt is aiming for foreign direct investment of $10 billion in 2014/15, as it seeks to attract investors by cutting bureaucracy.
08.09.2014
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News by
Business Recorder
Egypt took over the presidency of the General Arab Insurance Federation from Morocco during the 30th conference hosted by Egypt in Sharm El-Sheikh.
07.09.2014
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News by
Egypt State Information Service
Confidence is returning to the Egyptian economy, but the challenge of stagflation persists.
07.09.2014
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News by
The National
Traffic along the international waterway and industrial activity in nearby Red Sea towns were cut off Thursday from massive blackout.
05.09.2014
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News by
Ahram Online
Loan will repay around 25 percent of $6 billion debt to foreign oil companies working in Egypt, amid drive to increase foreign investment.
03.09.2014
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News by
Ahram Online
The bank did not give a reason for its decision but said a full statement would be issued shortly.
02.09.2014
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News by
Reuters
The company has adopted new techniques to achieve these goals by signing bank insurance contracts and increasing investments.
01.09.2014
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News by
Daily News Egypt
Officials have said the new canal would boost annual revenues to US$13.5 billion (S$16.8 billion) by 2023 from US $5 billion currently.
01.09.2014
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News by
Straits Times
Authorities have announced that Egyptian pound-denominated certificates will be available locally and abroad.
Papers by
Mada Masr
Following the price rise, the net revenues of tax will reach 1.2 billion Egyptian pounds ($168 million).
30.08.2014
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News by
Middle East Monitor
"The Emirati loan will last for one year and is allocated to purchase petroleum substances," Mulla said.
29.08.2014
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News by
Egypt Independent
World Bank funds for Egyptian projects in infrastructure, agriculture, energy, and job training total $5.4bn.
28.08.2014
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News by
Daily News Egypt
Economy in need of industrial projects – donation initiatives are just “a media show”, say chamber heads.
27.08.2014
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News by
Daily News Egypt
Trade deficit in decline for 10th consecutive month as exports increases 7.6% and imports fall 13.6%.
27.08.2014
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News by
Ahram Online
Egypt plans to launch the first and biggest commodities exchange in the Middle East in the coming period, said Minister of Supply Khaled Hanafy.
26.08.2014
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News by
Zawya
The central bank, which conducts debt sales on behalf of the Finance Ministry, called off yesterday's auction of 2 billion Egyptian pounds.
26.08.2014
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News by
Bloomberg