Standard & Poor’s Ratings Services on Friday maintained the credit ratings of the Arab republic of Egypt …
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gulf aids to egypt
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Egypt News
Egypt Braces for $9.1 Billion in Aid from Gulf – Government Source
by Yomna Yasserby Yomna YasserEgypt is set to receive over the coming weeks a new financial package worth US$ 9.1 billion …
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Egypt’s foreign exchange reserves fell by around $ 825 million to $ 17.765 billion in November from …
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Egypt News
Gulf States, Minus Qatar, Rally Egypt Investment to Buoy Army Power
by Yomna Yasserby Yomna YasserWith one notable exception, wealthy Gulf Arab states are encouraging investment in Egypt to help shore up its …
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Egypt is engaged in a high stakes gamble, using billions of dollars from Gulf Arab allies to …
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Industry & Trade
Sawiris Family Plans to Inject EGP4 bln Investments in Egypt Early 2014
by Yomna Yasserby Yomna YasserEgypt Investment Billionaire Naguib Sawiris is expecting that the Egyptian market will witness an influx of foreign …
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EGX
Powered by UAE Aid Package, Egypt Shares Gain EGP1.8 bln at Close
by Yomna Yasserby Yomna YasserFollowing the announcement of an agreement between Egypt and the UAE over $ 4.9 billion worth of …
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Financial Institutions
IMF Commends Egypt $3 bln Plan to Create Jobs, Boost Economy
by Yomna Yasserby Yomna YasserThe International Monetary Fund commended Egypt’s plan to boost public spending by $3 billion to create jobs …
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Egypt News
Interview – Egypt Plans New Stimulus Package in Early 2014: Minister
by Yomna Yasserby Yomna YasserEgypt plans a second stimulus package worth billions of dollars early next year, its trade and industry …
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Banks
Egypt to Return $1bln Deposit to Qatar in Two Months – Official
by Yomna Yasserby Yomna YasserThe Central Bank of Egypt (CBE) Governor Hisham Ramez said on Tuesday Egypt will return US$1 billion …
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