Egypt’s foreign currency reserves dropped to US$18.096 billion at the end of August from US$18.534 billion the …
Tag:
Gulf aid to Egypt
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Egypt’s budget deficit reached 8 percent of its gross domestic product (GDP) in the first 10 months …
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Egypt News
Gulf Aid to Egypt Since 30 June More Than $20 Billion: El-Sisi
by Yomna Yasserby Yomna YasserIn the second part of the first-ever media interview with presidential candidate and former army chief Abdel-Fattah …
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Financial Institutions
IMF-Egypt Annual Talks to Hold after Presidential Polls – Minister
by Yomna Yasserby Yomna YasserAnnual consultations between Egypt and the International Monetary Fund (IMF) will take place after the coming presidential …
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Egypt will need further international assistance to put its economy back on track despite receiving huge loans …
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Growth in Egypt’s economy is expected to remain sluggish this year as political uncertainty keeps tourists and …
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Kuwait has pledged an EGP 6.9 billion ($1 billion) non-refundable grant to Egypt to be approved by …
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Banks
Egyptian Economy Expected to Strengthen Gradually in 2014-16: HSBC
by Yomna Yasserby Yomna YasserIn a Recent report, HSBC Global Connections, stated that the Egyptian economy is expected to strengthen gradually …
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Financial Institutions
Egypt Received $10.7 billion in Gulf Aid During H1
by Yomna Yasserby Yomna YasserEgypt has received US$10.7 billion (74.46 billion pounds) in aid pledged by Gulf countries during the first …
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Financial Institutions
Fitch Raises Egypt Outlook to Stable on Gulf Financial Help
by Yomna Yasserby Yomna YasserFitch Ratings on Friday revised its outlook on Egypt’s credit rating to stable from negative, citing financial …
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