Moody’s estimated on Monday that Egypt’s liquid foreign exchange reserve buffer will decline to about $30 billion …
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Editors' PicksFinancial InstitutionsMoney
Moody’s: Egypt capital outflows hit $15 billion in March and April
Moody’s said on Monday it estimates that about $15 billion in capital outflows from Egypt occurred during …
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FeatureFinancial InstitutionsMoney
Moody’s estimates Egypt’s economic growth to slow below 3% in FY2020/21
Moody’s said on Monday it estimates Egypt’s economic growth to slow below 3 percent in the financial …
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Moody’s has affirmed on Monday Egypt’s long-term foreign and local currency issuer ratings at B2, with an …
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FeatureFinancial InstitutionsMoney
IMF approves $2.772 billion in emergency support to Egypt to address coronavirus
The executive board of the International Monetary Fund (IMF) has approved on Monday a $2.772 billion worth …
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Egypt’s Banque Misr has approved on Sunday a 1 billion Egyptian pound ($63.5 million) loan in favour …
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A consortium of three banks agreed on Thursday to provide Egypt’s Madinet Nasr for Housing and Development …
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The total financial position of banks operating in Egypt increased to 5.985 trillion Egyptian pounds at the …
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The executive board of the International Monetary Fund (IMF) is due to meet on May 11 to …
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The National Bank of Egypt (NBE), the country’s biggest state lender, is leading a banking consortium to …