Egypt has settled taxes worth 600 million Egyptian pounds ($37.2 million) with exporters over the past three …
Ahmed Kojak
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Banks
Fuel price increase to add 3-4.5 percentage points to Egypt’s inflation: official
by Yomna Yasserby Yomna YasserEgypt’s inflation rate, which was around 30 percent in May, will increase by between 3 and 4.5 …
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Industry & Trade
Egypt attracts $3.1bn foreign investment in domestic debt: deputy finance minister
by Yomna Yasserby Yomna YasserEgypt attracted $3.1 billion of foreign investment in domestic debt instruments since the flotation of the pound …
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Banks
EIB, IFC sign technical support deal for Egypt’s Abu Tartour mining port
by Yomna Yasserby Yomna YasserEgypt signed Sunday the technical support agreement with the European Investment Bank (EIB) to develop Abu Tartour …
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Banks
IFC, Egypt sign consulting agreement for Abu Tartour industrial port
by Yomna Yasserby Yomna YasserEgypt’s Ministry of Finance signed Saturday a financial consulting agreement with the International Finance Corporation (IFC) to …
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Financial Institutions
Egypt expects eurobond yield of 6-6.5% by end of October: Deputy finMin
by Yomna Yasserby Yomna YasserEgypt expects its dollar-denominated Eurobond issuance to bring a yield of 6 to 6.5 percent next October, Aswat …
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Financial Institutions
Egypt expects first tranche of IMF $12 billion loan before year-end: official
by Yomna Yasserby Yomna YasserEgypt expects to receive the first $2.5 billion tranche of a $12 billion International Monetary Fund loan …
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Financial Institutions
Egypt in talks over $2 bln financing from China
by Yomna Yasserby Yomna YasserEgypt is in talks with China to secure $2 billion in financing, Deputy Finance Minister Ahmed Kojak …
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Financial Institutions
Egypt sees eurobond yield at 5.5-6% for Sept/Oct issuance: official
by Yomna Yasserby Yomna YasserEgypt expects its eurobond issuance at the end of September or early October to have a yield …
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Financial Institutions
Egypt to repay each tranche of proposed $12 bln IMF loan over five years
by Yomna Yasserby Yomna YasserEgypt must repay each tranche of any loan it receives from the International Monetary Fund over five …