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Egypt receives USD 820 from IMF- Report
Good afternoon, ladies and gentlemen, and welcome to a relatively brisk issue to wrap up the first day of the…
Madbouly government cuts privatization program targets for the year
Finance Minister Mohamed Maait said that the government was looking to raise some USD 6.5 bn as recently as February
IMF holds its growth forecast steady for Egypt for the current fiscal year
This is the first time in several months that the IMF has not downgraded its growth forecast for Egypt
It’s day three of the IMF and World Bank’s spring meetup
Good morning, folks. It’s all about the IMF in today’s issue, with the Fund’s latest report giving its latest growth…
World Bank cuts Egypt’s GDP growth for FY 2023/24 to 2.8%
The bank’s forecast is a 0.7 percentage point downward revision from its last assessment
Faster approvals, simpler structure, and more impact will be hallmarks of World Bank, its chief says
The group wants to cut its 19-months approval process by a third by mid 2025
South Africa’s Standard Bank Group to set up Egypt office in 2024. PLUS: BP projects float impact, EBRD funds SMEs, Eastern hikes smoke prices, Arabia Hotels builds new Giza Pyramids hotel
The South African bank’s presence in Egypt will allow the bank “to capitalize on the significant emergence of the Gulf-sub…
Hassan Allam Utilities, EBRD, Meridiam to raise capital for renewable projects
The funds will support Egypt’s green transition and renewable energy projects
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