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Egypt’s external debt has reached $81 billion, the country’s finance minister said in a television interview on …
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Banks
World Bank says Egypt’s GDP growth projected to hit 4.5% in FY2018
by Yomna Yasserby Yomna YasserEgypt’s gross domestic product is projected to grow to 4.9 percent by 2018, suggesting ongoing reforms and …
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Egypt’s investment bank Pharos Holding says it is advising on two acquisitions valued at 2 billion Egyptian …
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Banks
Five predictions for digital currencies in 2018, including bitcoin-related IPO
by Yomna Yasserby Yomna YasserAfter the bitcoin craze surged to a near-fever pitch in the last several weeks of 2017, several …
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Egypt plans to sell $850 million in one-year dollar-denominated treasury bills to local and foreign financial institutions …
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Egypt’s foreign reserves surged to $37.109 billion at the end of December from $36.723 billion a month …
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The European Central Bank (ECB) may end its stimulus programme this year if the euro zone economy …
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Banks
Egypt has repaid around $30 bln in foreign debt during 2017: c.bank source
by Yomna Yasserby Yomna YasserEgypt repaid around $30 billion dollars in foreign debt throughout 2017 and expects to pay off more …
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Banks
Egypt keeps customs dollar exchange rate at 16 pounds for January
by Yomna Yasserby Yomna YasserEgypt will keep its customs dollar exchange rate steady at 16 pounds for January, the finance ministry …