Foreign capital outflows from Egypt occurred during March and April due to the outbreak of the coronavirus …
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Rami Aboul Naga
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Banks
Egypt settles $1 billion Turkey debt dated back to ex-president Morsi’s tenture
by Yomna Yasserby Yomna YasserEgypt has paid off the $200 million final instalment of a $1 billion loan it secured from …
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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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Industry & Trade
Egypt pays Eni $630 mln financial obligations to develop Zohr gasfield
by Yomna Yasserby Yomna YasserEgypt paid its $630 million financial obligation in January to Italian oil and gas giant Eni to …
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Banks
Egypt’s banks allures $9 billion in inflows since pound float move
by Yomna Yasserby Yomna YasserEgypt’s central bank said commercial lenders had attracted $9 billion in inflows since the country’s pound was …