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Moody’s upgrades Egypt’s credit rating to B2 with stable outlook
Moody’s has upgraded Egypt’s credit rating to B2 with a stable outlook from B3 with a positive outlook, the ratings…
Interviews with Fed officials give inside look into bank’s inner workings
Inside the Fed: Interview transcripts with top Federal Reserve officials and staffers released on Friday tell the story of over…
Vulture funds eyeing Venezuela hope to score big wins from crisis
The vultures are circling around Venezuela: Hedge funds in Venezuela are looking to mimic what their peers did in Argentina…
CBE agrees to lower interest rates for middle-income housing
CBE to renew mortgage financing program for middle-income homeowners: The Central Bank of Egypt (CBE) has agreed to a proposal…
Preliminary figures show GDP growth at 5.6% in 1H2018-19
Egypt’s GDP grew 5.6% in 1H2018-19, up from 5.3% during the same period last year, according to preliminary Planning Ministry…
Govt, CBE mulling legislative amendment for clearing companies rules
Gov’t, CBE mulling changes to rules on clearing companies: The Central Bank of Egypt, the Finance Ministry, and Misr for…
Why is FDI declining in Egypt and should we be worried?
EXCLUSIVE- Why is inbound foreign direct investment to Egypt declining — and should we be worried? Official figures releasedearlier this…
FinMin temporarily suspends EGP 320 electronic tax filing fee
Finance Minister Mohamed Maait has reportedly ordered a temporary halt to the EGP 320 fee imposed on taxpayers filing their…
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