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Egypt in the News on 17 November 2019
How the government is salvaging El Mahalla El Kobra: The Public Enterprises Ministry is pushing ahead with a USD 1.3…
Egypt taps Deloitte to appraise National Investment Bank assets ahead of restructuring
Deloitte to appraise NIB assets ahead of restructuring: The Madbouly government has contracted Deloitte to value the National Investment Bank’s…
Could military-owned companies be set to list on the EGX?
PRIVATIZATION WATCH- Could military-owned companies be set to list on the EGX or sell stakes to the private sector? President…
What we’re tracking on 3 November 2019
Happy November, ladies and gentlemen. Hard to believe that the first 10 months of the year are now behind us…
Egypt and IMF continue talks for post-loan agreement
IMF’s Azour confirms talks are ongoing with Egypt on post-loan cooperation: Egypt and the IMF are currently in talks to…
Egypt’s GDP grows to 5.6% in 1Q2019-2020
Speaking of growth, Egypt’s GDP grew at a 5.6% clip in 1Q2019-2020, up from 5.3% during the same quarter last…
Egypt still expected to outperform EMs, regional oil importers on GDP, but debt pressure is “acute,” IMF says
Egypt still expected to outperform EMs, regional oil importers on GDP, but debt pressure is “acute,” IMF says: GDP growth…
EM state-owned enterprises’ rising debt is a “growing concern” for gov’t finances, says IMF
Emerging market state-owned enterprises’ rising debt burdens are a “growing concern” for government finances, as they currently account for “a…
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