Egypt is expected to have the final approval of the International Monetary Fund’s three-year $12 billion lending …
Amr El-Garhy
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Egypt News
Egypt eyes $2-3 bln deposit from Saudi Arabia to help seal IMF deal
by Noha Gadby Noha GadEgypt is in advanced talks with Saudi Arabia to secure a new deposit worth $2-3 billion as …
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The 6th EFG-Hermes London MENA and Frontier Conference begins on Monday, bringing together a cross-section of the …
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Real Estate
VAT, Egypt pound depreciation could raise real estate prices by 15-20%
by Yomna Yasserby Yomna YasserThe value-added tax (VAT) has given rise to a heated debate between different sectors, but the debate …
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Financial Institutions
Egypt FinMin, CBE governor in Washington for new round of IMF talks
by Yomna Yasserby Yomna YasserEgypt’s central bank governor Tarek Amer and Minister of Finance Amr el-Garhy are conducting a new round …
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Financial Institutions
Egypt likely to receive 1st tranche of IMF loan in 4-6 weeks
by Yomna Yasserby Yomna YasserEgypt expects to receive the first $4 billion instalment of a $12 billion three-year IMF loan within …
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Financial Institutions
Egypt picks Dechert to advise for 2016 international bond issuance
by Yomna Yasserby Yomna YasserEgypt’s Ministry of Finance announced Thursday that it has selected global specialist law firm Dechert LLP to …
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EGX
FinMin: Egypt eyes $675-$900 mln a year from IPOs of state firms
by Yomna Yasserby Yomna YasserEgypt is targeting from 6 and 8 billion Egyptian pounds ($675-$900 million) a year from planned selling …
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Egyptian stocks traded higher on Thursday backed by the finance minister’s remarks that the country is making …
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Financial Institutions
IMF reviews Egypt budget 2016/17 terms: FinMin
by Yomna Yasserby Yomna YasserThe International Monetary Fund team mission is currently reviewing with the Egyptian government the terms of the …