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Economy Middle East Summit
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Egypt
Egypt
Egypt faced with potential $1.4 bn loss in trade exchange
Country has nearly 229 projects in progress in Sudan
Egypt
Egypt sells 9.5% of Telecom Egypt for $121 mn
Government sells 162 million shares, offers stake to employees
Egypt
2Africa Subsea Cable Segment in Egypt Completed with Port Said Landing
Economy
First drop in Egypt’s inflation rate in 10 months
Softer food prices offset currency devaluations' impact
Economy
Egypt’s economic troubles result in a Fitch downgrade
Warnings of further downgrades
Economy
ADQ considering new investments in Egypt
The company's investments in Egypt amounted to about $4.3 billion in 9 years
Economy
Egypt’s external financial risks prompt S&P to downgrade
Pound is estimated to depreciate by 53% in the 12 months to the end of June
Economy
Egypt pressed to implement reforms before IMF first review
IMF-Egypt discussions were fruitful in preparation for review
Economy
Inflation woes mount for Egypt as currency further drops
Inflation rose to 33.9% in March
Economy
Egypt’s CBE raises key interest rates by 200 basis points
Money supply grew 31.5% year-on-year in February
Economy
Egypt cuts growth target, raises subsidies on goods and fuel
The new budget estimated the inflation rate at 16 percent
Egypt
Egypt’s Central Bank meets on Thursday. Will it surprise markets again?
The meeting comes on the heels of inflation reaching historic levels
Banking & Finance
Officially.. Egypt obtains membership in BRICS NDB bank
More than 90 projects totaling $32 billion were funded by the Bank
Economy
Egypt’s economy expected to expand by 4.2% in FY 2022-23
Country's GDP growth hit 3.9% in Q2
Egypt
Egypt’s Tarboul industrial city participates in largest real estate event
Tarboul is one of the most attractive investment destinations in region
Egypt
What are the new requirements for granting foreigners citizenship in Egypt?
Egypt is forced to seek new sources of foreign currency
Egypt
New Delta: The largest in the history of Egyptian agricultural projects
Project to boost food security in the Arab world’s most populous country
Banking & Finance
EFG Hermes discusses investor sentiment for frontier, emerging markets
During the 17th Annual EFG Hermes One-on-One Conference opening session
Egypt
Crypto scam in Egypt robs investors of $620,000
29 detained lured investors by fraudulent means
Banking & Finance
EFG Hermes inaugurates 17th One-on-One Conference in Dubai
Offering insights into key trends impacting today's frontier, emerging markets
Egypt
Egypt FDI inflows to boost projects market in 2023
Government seeks to grow private sector participation
Economy
El-Sisi announces measures to ease the burden on Egyptians
Hours after the increase in gasoline prices
Egypt
World Bank announces $9.13 mn grant to Egypt to fight pollution
In support of the country's climate change efforts
Egypt
Why did Egypt decide to return to daylight saving time?
40 percent of the world's countries apply this
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