Some of the damage caused by the Red Sea attacks on ships to Suez Canal revenue could …
"maait"
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Egypt NewsFeatureFinancial InstitutionsMoneyNews
Flexible macroeconomic risk management helps Egypt contain shocks – Maait
by Sama Mousaby Sama MousaMoody’s, global rating agency, maintained Egypt’s sovereign credit rating at Caa1, Egypt’s finance minister Mohamed Maait said …
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Maait says $22 billion ‘hot money’ left Egypt
Egyptian Finance Minister Mohamed Maait said on Monday around $22 billion in short-term investment “hot-money” had exited …
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FeatureFinancial InstitutionsMoney
IMF may complete 2nd review of $5.2bln standby loan by June end, Maait
The IMF will be completing its second and final review of its year-long USD 5.2 bn standby …
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BanksFeatureMoney
Afreximbank’s efforts in providing Covid-19 vaccines for African countries is supported, Maait
Egypt’s keenness to back the Afreximbank’s efforts to support the African continent amid the novel coronavirus (COVID-19) …
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FeatureIndustry & TradeTech/AI
Egyptian exporters received EGP 25.5 bln dues since March 2020, Maait
Egypt has disbursed a total of 25.5 billion Egyptian pounds to exporters since the onset of the …
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Egyptian government debt declined by 20.5 percent of the country’s gross domestic product (GDP) over three years …
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Egypt recorded initial surplus of 25 billion Egyptian during the first nine months of the current FY2020/21 …
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Egypt seeks to decrease the overall deficit to GDP ratio to 6.6 percent as well as reaching …
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Egypt’s state-employees’ payroll cards will be replaced entirely by prepaid Meeza electronic cards once they officially launch …