Egypt Banks to Help Clear Import Backlog Within Days, Sisi Says
Cairo December 26 2022: Egypt’s banks will help secure the necessary dollars to clear a backlog of imports within four ...
Tag: Egypt
Egypt Hikes Interest Rates By 300 Basis Points as Pressure Builds on Pound
Cairo December 23 2022: Egypt hiked interest rates by 300 basis points, the most since 2016, seeking to tackle surging ...
Egypt Discovers Large Gas Field In Mediterranean, Minister Says
Cairo December 19 2022: Egypt has discovered a large gas field in the Nargis block in the eastern Mediterranean, Petroleum ...
IMF Executive Board Approves $3 Billion Extended Arrangement for Egypt
Washington DC December 17 2022: The Executive Board of the International Monetary Fund (IMF) approved a 46-month arrangement under the ...
Egypt’s Core Inflation Rises To 21.5% In November
Cairo December 8 2022: Egypt's core inflation rose to 21.5% year on year in November from 19.0% in October, the ...
Saudi Arabia Extend Term of $5 Billion Deposit for Central Bank of Egypt
Riyadh November 29 2022: In extension of deep-rooted historical ties and close cooperation aspects between the Kingdom of Saudi Arabia ...
Egyptian LNG exports will exceed 8 million tonnes in 2022: Minister
Cairo November 28 2022: Egyptian exports of liquefied natural gas (LNG) will exceed eight million tonnes in 2022, up 14 ...
Egypt to Start Building $11 Billion Wind Farm From 2024
Cairo November 20 2022: The construction of one of the world’s largest wind farms in Egypt is set to start ...
Egypt Seeks Up to $6 Billion by June From Sale of State Firms
Cairo September 26 2022: Egypt aims to raise as much as $6 billion before the middle of next year by ...
Egypt Devaluation Risk, IMF Wait Are Dealbreakers to Bond Buyers
Cairo September 3 2022: Egypt’s struggle to win back investors to local debt is adding urgency for the government to ...
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