Egypt’s House of Representatives gave its final approval to the new bankruptcy law on Sunday, December 28, in a plenary session attended by Minister of Investment and International Cooperation Sahar Nasr
Egypt signed the third, and final, USD 500 mn tranche of a USD 1.5 bn budget support loan package from the African Development Bank (AfDB)
Egypt’s parliament approved on Sunday a new bankruptcy law in further aims to encourage local and foreign investment in the country
Moody's Investors Service expects Egypt’s gross domestic product (GDP) growth to accelerate from 4.2% in 2017 to around 5% by 2019 and 5.5% by 2021, up from 4.2% in 2017
The New Urban Communities Authority (NUCA) and the multinational hospitality company Marriott International have signed a memorandum of understanding (MoU) to manage and operate two hotels in New Al-Alamein
Egypt's core inflation decreased year-on-year in December 2017
Egypt’s tourism revenues increased 123.5% year-on-year to USD 7.6 bn in 2017
Egypt’s economy is expected to expand as a result of the ongoing reforms and improved business climate provide further growth in industrial activity
The Egyptian parliament gave a preliminary approval on Tuesday to a law governing debt restructuring, preventive composition, and bankruptcy
Saudi developer ACWA Power has reached financial close with the Egyptian government for the development, construction, and operation of three photovoltaic projects worth USD 190 mn and set for peak total output of 165.5 megawatts peak at the Benban complex in Upper Egypt's Aswan
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