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BofA sees “mildly more flexible” USD / EGP rate on the horizon for Egypt
BofA sees “mildly more flexible” USD / EGP rate on the horizon: The USD / EGP rate could be “mildly…
Trade
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Egypt’s Shaker, Tanzania’s Magufuli break ground on Stiegler’s Gorge dam
Shaker, Tanzanian president break ground on Rufiji river dam: Electricity Minister Mohamed Shaker and Tanzanian President John Magufuli broke ground…
Egypt QIZ exports increase 10% y-o-y to USD 411 mn in first five months of 2019
Egypt’s exports from Qualifying Industrial Zones (QIZ) rose 9.6% to USD 411 mn in 5M2019, up from USD 375 mn…
Ethiopia keen to resume GERD talks with Egypt, Sudan
Ethiopia is keen to resume negotiations with Egypt and Sudan over the Grand Ethiopian Renaissance Dam (GERD), Ethiopian Foreign Affairs…
Egypt condemns Israel’s demolition of Palestinian homes
Egypt has condemned Israel’s demolition of a number of Palestinian homes earlier this week in the Wadi Al Hummus area…
EGX, AfDB discuss cooperation to develop Africa’s capital markets
EGX, AfDB discuss cooperation to develop Africa’s capital markets: Officials from the EGX discussed cooperation plans to develop capital markets…
Egypt, EU discuss EUR 110 mn financing for 2020 projects
The European Union is planning to provide EUR 110 mn to finance projects in Egypt next year, the Investment Ministry…
OFID to increase Egypt financing by USD 55 mn by year-end
OFID to increase Egypt financing by USD 55 mn by year-end: The OPEC Fund for International Development (OFID) is planning…
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