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Cabinet approves EGP 10 bn securitization issuance and new investment zone in New Aswan
CABINET WATCH- Cabinet approves EGP 10 bn securitization issuance and new investment zone in New Aswan: The cabinet of Prime…
Valentine CEO intends to acquire USD 37 mn stake in Maridive
UAE-based investor intends to acquire USD 37 mn stake in Maridive: Najjad Zeenni, the UAE-based investor, has announced his intention…
FinMin could take Egypt’s first sovereign sukuks to market by early 2020, looks to hike cap on eurobond issuances through FY2021-2022
EXCLUSIVE- Egypt could take to market its maiden issuance of sovereign sukuks in early 2020, a senior government official tells…
Egypt’s gov’t doesn't intend to reintroduce the capital gains tax
The capital gains tax on stock market transactions isn’t coming back (yet). The government doesn't intend to reintroduce the capital…
Moody’s sees Egypt’s long-term economic growth outperforming B-rated peers
Moody’s sees Egypt’s long-term economic growth outperforming B-rated peers: Egypt’s commitment to and progress on reforms since 2016 will help…
Stalling foreign investment and lack of competitiveness key risks to Egyptian economic growth- EBRD
Stalling foreign investment, high inflation are key risks to Egyptian economic growth- EBRD: A lack of foreign investment, persistent high…
Egypt’s GDP growth accelerated to 5.6% in 3Q2018-19
Egypt’s GDP growth accelerated to 5.6% in 3Q2018-19, up from 5.5% in 2Q2018-19 and 5.4% in 3Q2017-18, Planning Minister Hala…
Egypt, World Bank ink final agreement for USD 200 mn SMEs loan
Egypt, World Bank ink final agreement for USD 200 mn SMEs loan: Investment Minister Sahar Nasr and World Bank President…
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