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IMF reaches agreement with Egypt to disburse USD 2 bn
IMF reaches agreement with Egypt to disburse USD 2 bn: The S&P’s announcement came just hours after the IMF announced…
Speed Round
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S&P raises Egypt’s credit outlook to Positive from Stable
Standard & Poor’s raised Egypt’s outlook to Positive from Stable on the back of rising FX reserves and strengthening economic…
Inflation eases in October
Urban consumer price inflation dropped to 30.8% in October from 31.6% in September on an annual basis. EFG Hermes economist…
El Sisi lays out domestic, foreign policies at meeting with ink-stained wretches
President Abdel Fattah El Sisi fielded questions and addressed some of the mostpressing topics facing Egypt and the region during…
El Bahabety to head ministerial technical committee to resolve investment disputes
Prime Minister Sherif Ismail has approved the composition of the Ministerial Committee for Settlement of Investment Disputes to be headed…
House grants preliminary approval to Labor Unions Act
House preliminarily gives initial approval to Labor Unions Act after heated debate: The House of Representatives’ general assembly granted an…
Egypt reassures IMF it can achieve budget surplus, reduce government debt in FY2017-18
Egypt is confident it can achieve a primary budget surplus for the first time years in FY2017-18 and is working…
TE could be getting “unfair privileges”
There are some concerns that state-owned Telecom Egypt (TE) is experiencing a pattern of “unfair privileges” with its entry in…
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