Egypt is expecting to secure final approval to obtain $2.7 billion from the International Monetary Fund (IMF) …
"Sovereign Fund of Egypt"
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FeatureFinancial InstitutionsMoney
S&P affirms Egypt’s ‘B/B’ ratings, but says coronavirus to cause plunge in its economic activity
by Yomna Yasserby Yomna YasserRating agency S&P Global affirmed on Friday its ‘B/B’ long- and short-term foreign and local currency sovereign …
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The Institute of International Finance (IIF) changed its forecasts for Egypt’s growth to 2.7 percent from 5.4 …
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The outlook for Egypt’s banking system is stable over the next 12-18 months as the banks maintain …
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A number of new investment deals between Egypt and the UK were announced during the UK-Africa Investment …
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The United Arab Emirates is strengthening economic partnership with Saudi Arabia and Egypt, the region’s largest and …
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Egypt will save around 13 billion Egyptian pounds ($804 million) in energy consumption annually from three power …
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FeatureFinancial InstitutionsMoney
Fitch affirms Egypt rating at B+ with ‘stable’ outlook
by Yomna Yasserby Yomna YasserFitch Ratings has on Monday affirmed Egypt’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at ‘B+’ with …
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Egypt has hired EFG Hermes to act as the financial advisor for its newly-launched joint strategic investment …
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Egypt and the United Arab Emirates have launched a $20 billion joint strategic investment platform, Egyptian presidency …