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Egypt’s foreign reserves inches up USD 10.5 mn USD 47.0 bn in November
FX reserves rose to USD 36 bn in November
Finance, investment ministries working on incentive package in the next budget to boost manufacturing and exports
The government is preparing massive incentive packages in the upcoming state budget to catalyze private sector-led growth
Beltone Capital and Italy’s CRIF Ratings form JV to launch the country’s second credit rating agency
The entity is expected to commence operations following FRA approval
IMF expected to greenlight reform program renegotiations before Christmas
Approval is expected to be received before year’s end
Egypt’s non-oil private sector activity contracts for the third consecutive month in November
Good morning folks, and happy Friday to you. Read on for all the key headlines off the local and international…
EGP breaches 50 level to the USD in banks
Good afternoon folks, and happy Thursday. Buckle in for some news and views as we careen headfirst into the weekend.…
IMF’s METAC to provide Egypt statistical, technical support to state institutions under freshly inked agreement
The support will directed towards state institutions in banking, finance, and public administration
Gov’t eyes listing up to four military companies on the EGX
Companies in the banking, industry, and pharma manufacturing have been earmarked for privatization
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