Financing Climate ProtectionTue, Nov. 14, 2017
To support Egypt’s climate protection efforts, the European Investment Bank is financing a range of projects, including a wastewater treatment plant in Alexandria.
Bringing Back German InvestmentsMon, Nov. 13, 2017
CEO of the German-Arab Chamber of Industry and Commerce Andreas Hergenroether assesses recent reforms, trade volumes, investment plans and the economic outlook
IMF's mission agrees on Egypt's loan 3rd disbursementFri, Nov. 10, 2017
The International Monetary Fund (IMF) announced it has reached a staff-level agreement with the Egypt on the second review of its economic reform program.
Measure for MeasureSun, Nov. 5, 2017
While the IMF has praised Egypt’s progress in reforms, affirming that “the difficult steps have been taken,” further structural reforms will need to be put in place.
Fiscal gap is estimated at $10-12B in FY 2017/18: GarhyMon, Sep. 18, 2017
Minister of Finance Amr Al-Garhi announced that Egypt's fiscal gap is estimated at $11B in FY 2017/18
EGX drops on local sales, benchmark down 1.4%Sun, Aug. 13, 2017
The Egyptian Exchange (EGX) indexes lost ground by the close of Sunday’s trading, hurt by local sell-offs.
Government bolsters social safety net as new inflation wave hitsThu, Jul. 13, 2017
In a bid to ease pressure on Egyptians whose purchasing power was further burdened, Sisi announced a set of measures aimed at boosting social safety networks.
‘Unjustifiable’ rate hike to weigh on budget shortfallMon, Jul. 10, 2017
The Central Bank of Egypt’s (CBE) unexpected decision to hike key policy rates is “unjustifiable” and will add more pressure on the state budget.