economic reform programme
Egypt to offer 5-6 companies on stock exchange before end of fiscal year 2021/2022: PM
Business
November 24, 2021
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
September 25, 2020
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
January 1, 2019
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
December 30, 2018
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
November 14, 2017
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
June 7, 2017
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
March 20, 2017
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…