Credit rating agency Moody’s announced on Tuesday that it has changed the ratings and estimates of five internationally ranked Egyptian banks.
14.03.2024
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News by
Egypt Independent
Al-Ahly Exchange Company accounts for the largest proportion of the proceeds, with a value of EGP 577 million since the decisions of the Central Bank.
13.03.2024
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News by
Egypt Today
Germany has pledged to make 258 million euros available in the form of debt swaps, grants, and concessional financing.
13.03.2024
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News by
Egypt Independent
The US dollar rate against the Egyptian pound declined on Tuesday by approximately 1.5 percent to EGP 48.8/1 USD for selling.
13.03.2024
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News by
Ahram Online
The amount will include the first and second review tranches, which were postponed earlier.
13.03.2024
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News by
See news
Egyptian government targets a primary surplus of 3.5 percent in its GDP in the upcoming fiscal year (FY) 2024/2025, Minister of Finance Mohamed Maait
13.03.2024
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News by
Ahram Online
Egypt's new currency devaluation and interest rate hike will lure foreign investors but ordinary Egyptians are feeling the pain of soaring prices.
13.03.2024
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News by
new arab
The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that annual inflation recorded 36 percent in February compared to 2023.
12.03.2024
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News by
Egypt Independent
The IMF statement mentioned that the increase in the loan was prompted by "significant macroeconomic challenges" that have become more complex.
12.03.2024
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News by
Egypt Today
During December 2023, the value of Egypt's exports declined by 23.0 percent, to record $3.48 billion, in contrast to $4.52 billion in 2022.
12.03.2024
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News by
Egypt Today
A government source detailed the Egyptian government’s plan to manage and operate several airports by private sector companies.
12.03.2024
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News by
Egypt Independent
A portion of the European funds will be designated for the private sector, while another portion will be allocated to the state budget.
12.03.2024
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News by
Egypt Today
Banks operating in the Egyptian market have begun raising credit card withdrawal limits following orders from the Central Bank of Egypt.
11.03.2024
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News by
Egypt Independent
Egypt’s urban consumer price inflation (CPI) witnessed a significant rise, reaching 35.7 percent in February 2024, up from January’s 29.8 percent.
11.03.2024
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News by
Egyptian Streets
Egypt also expects the European Union to announce its support package soon, Maait said, outlining more details of the aid that could flow.
11.03.2024
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News by
alarabiya
The country's benchmark index (.EGX30), opens new tab finished 5.2% higher at 32,920 points, with most of its constituents rising.
11.03.2024
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News by
Reuters
Head of Egypt’s Banks Federation Mohamed El-Etreby urged caution amid an influx of hard currency into Egypt.
11.03.2024
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News by
Ahram Online
The stock market continues to be a popular avenue for wealth creation, attracting both seasoned investors and newcomers.
11.03.2024
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News by
Daily News Egypt
The Egyptian pound dropped from a level of 30 pounds per dollar to 49.50. Traders said the surprise move injected much-needed investor confidence.
10.03.2024
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News by
Africa cgtn
Rating agency S&P is encouraged by the substantial financial inflows that Egypt has received in the last two weeks.
10.03.2024
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News by
Forbes Middle East
