Egypt’s Ministry of Electricity stated putting a plan for the imminent increase in electricity prices, slated for …
economic reform programme
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Egypt on Friday signed a deal with the World Bank for a $1.15 billion development policy loan …
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Jihad Azour ,Director of the Middle East and Central Asia Department at the International Monetary Fund, praised …
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Industry & Trade
Egypt lining up to reduce inflation to 13% at end-2018: CBE chief
by Yomna Yasserby Yomna YasserTarek Amer, Governor of the Central Bank of Egypt (CBE), stated on Monday that the country is …
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Industry & Trade
Tourism revenues to increase by 105% in Egypt at end-2017
by Yomna Yasserby Yomna YasserEgypt’s tourism revenues in Egypt will rise by 105 percent at the end of 2017, taking it …
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Banks
Egypt’s financial situation stronger now than before 2010: CBE governor
by Yomna Yasserby Yomna YasserCentral Bank of Egypt Governor Tarek Amer said on Tuesday that Egypt’s financial status is currently stronger …
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Financial Institutions
Egypt expects $2bn IMF loan installment next month: minister
by Yomna Yasserby Yomna YasserEgypt’s Finance Minister, Amr al-Garhy, anticipates the country will receive another installment of the International Monetary Fund (IMF) loan …
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Industry & Trade
Saudi Aramco in stake sale talks with a Chinese investor: sources
by Yomna Yasserby Yomna YasserSaudi Aramco is considering the sale of a stake to a Chinese investor as plans for its …
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Industry & Trade
CBE governor: Egypt pays $1.5 bln in arrears to international oil firms in May, June
by Yomna Yasserby Yomna YasserEgypt has paid $1.5 billion in arrears to international oil companies in May and June, the Central …
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Financial Institutions
Lagarde: IMF working with Egypt to help control inflation
by Yomna Yasserby Yomna YasserThe International Monetary Fund (IMF) is working with Egypt to help bring inflation under control, managing director …