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World Bank pledges USD 1 bn loan to support Egypt’s reform program, private sector development
World Bank pledges USD 1 bn in fresh funding to support Egypt’s reform program, private sector development: The World Bank…
Egypt’s FX reserves reach USD 44.513 bn at end-November
Egypt’s net foreign reserves were flat at USD 44.513 bn as of the end of November compared to USD 44.501…
Egypt’s CBE extends loan grace period for Sinai tourism investors by one year
CBE Governor Tarek Amer has granted a one-year extension to the grace period for outstanding loans South Sinai tourism investors…
FinMin looks to raise Egypt’s average borrowing tenor to 3.5 years
FinMin looks to raise average borrowing tenor to 3.5 years: The Finance Ministry is looking to extend the average tenor…
What we’re tracking on 04 December 2018
The central bank’s parallel FX repatriation mechanism ends today for new portfolio investments. “The decision applies on any fresh foreign…
Maait’s reassurances that Egypt’s economy will improve next year tops headlines in state-owned newspapers
Finance Minister Mohamed Maait’s presser on the adjustment of the customs FX rate is the top headline on the front…
CBE sells EGP 18.2 bn treasury bills
Egypt sold EGP 18.2 bn in treasury bills on Sunday, according to the central bank’s website. The sale included EGP…
Egypt’s debt control strategy looks to reduce public debt to 72-75% of GDP in 2021-22
EXCLUSIVE- FinMin’s debt control strategy looks to reduce public debt to 72-75% of GDP by 2021-22: The Finance Ministry’s comprehensive…
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