economic reform programme

Egypt to offer 5-6 companies on stock exchange before end of fiscal year 2021/2022: PM
Business

Egypt to offer 5-6 companies on stock exchange before end of fiscal year 2021/2022: PM

Egyptian Prime Minister Mostafa Madbouly said on Tuesday that his government intends to list five to six companies on the…
Egypt cuts interest rates by 50 bps as inflation subsides
Business

Egypt cuts interest rates by 50 bps as inflation subsides

Egypt’s central bank unexpectedly cut its main overnight interest rates by 50 basis points on Thursday, saying exceptionally low inflation…
No significant change in exchange rate in 2019: EFG Hermes
Business

No significant change in exchange rate in 2019: EFG Hermes

EFG Hermes, one of the largest investment banks in the Middle East and Africa, has ruled out any significant change…
Sisi discusses developments of Egypt’s monetary reform program
Economy

Sisi discusses developments of Egypt’s monetary reform program

  Egyptian President Abdel Fattah al-Sisi on Sunday discussed the monetary reform program with Prime Minister Mostafa Madbouly and Governor…
Egypt plans to reduce inflation to 13 percent by end of 2018: CBE Governor
Business

Egypt plans to reduce inflation to 13 percent by end of 2018: CBE Governor

Tarek Amer, Governor of the Central Bank of Egypt (CBE), stated on Monday that the country is taking active measures…
Deutsche Bank projects Egypt inflation down to 20% by end of 2017
Economy

Deutsche Bank projects Egypt inflation down to 20% by end of 2017

Deutsche Bank projected on Monday that Egypt’s inflation will decline to approximately 20% by the end of 2017 – a…
Egypt on track to receive IMF loan’s second tranche
Egypt

Egypt on track to receive IMF loan’s second tranche

Egypt is on track to receive the second tranche of a US$12 billion three-year loan from the International Monetary Fund…
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