Egypt

TSFE, Etisalat Egypt launch Erada Microfinance

New company aims to provide financial services to micro, small enterprises

Italy’s Eni has found more natural gas off Egypt

Nargis-1 well located in offshore concession

Egypt orders ministries to cut spending

Due to a foreign currency shortage

IMF does not see inflation in Egypt waning before 2024

Inflation rates jumped to 24.4% at end December

Egypt calls for new oil&gas exploration tenders

لإhe tender, the third of its kind, was set for 12 blocks

Sisi: Egyptian banks will cover all dollar needs for goods’ release

The Egyptian Central Bank monitors illegal dollar practices

Will the CBE raise interest rates at Thursday’s meeting?

Expectations of an increase of 100-200 basis points

Egypt concludes $14 bn worth of soft financing deals in 2022

For the state's development sectors and the private sector

Egypt announces major natural gas find

Driving country's efforts to establish itself as a regional energy hub

IMF approves $3 billion loan to Egypt

Egyptian Cabinet: Agreement aims to reduce debt

Egypt may reap huge benefits after Western maritime borders demarcation

Country to capitalize on opportunities for oil and gas exploration

First Egyptian city on metaverse to revive ancient Egypt’s glory

By celebrating the 100th anniversary of King Tut’s tomb

Will the IMF Executive Board approve Egypt’s loans?

Egypt has $16 billion in external financing gap over four years

Egypt’s private sector contracts at highest rate since pandemic

Falling to 45.4 from in November 47.4 in October

EFG Hermes advises on the $204 mn IPO of Dubai’s Taaleem

The first private sector IPO on the DFM since 2014