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More FDI, please
Net foreign direct investment is expected to rebound next fiscal year to a near pre-pandemic level, Planning Minister Hala El…
IMF gives initial approval for final tranche of USD 5.2 bn standby loan
Egypt expects to unlock the third and final USD 1.6 bn tranche of its USD 5.2 bn IMF standby loan…
Egypt’s post-covid growth will need increased private sector involvement –European Commission
Egypt needs to involve the non-oil private sector in its sustainable covid recovery plan, according to an economic brief by…
Egypt among the most vulnerable EMs to higher refinancing costs –S&P
Egypt, South Africa, Ghana and Kenya are the four emerging markets that could suffer the most from higher sovereign debt…
What do net foreign assets in banks tell us about capital inflows?
EXCLUSIVE- Foreign investment in local treasury bonds and bills may have dipped in March after having hit a record high…
Net foreign assets at banks dip in March
Net foreign assets (NFAs) in Egypt’s banking sector dipped 13.7% m-o-m in March to reach USD 17.70 bn, from a…
500k Sinopharm doses + raw materials to manufacture Sinovac land in Egypt
State-owned Vacsera can now begin manufacturing China’s Sinovac vaccine after the first batch of raw materials used to produce the…
NBE partners with UAE’s LuLu on remittance transfer service
Egypt was one of the top five remittance destinations in 2020
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