A recent Goldman Sachs report reveals around half of the foreign investments that exited the Egyptian market amid the onset of the COVID-19 crisis has returned, with further inflows projected.
The Central Bank of Egypt (CBE) announced on February 5 that net foreign reserves rose to USD 42.616 bn by the end of January 2019, compared to USD 38.2 bn in the prior-year period.
The World Bank Group President Jim Yong Kim has praised Egypt's success in investing in human capital, noting that it has aided the country in raising foreign investments by up to EGP 14 bn, from the private secto ...
The World Bank (WB) expected Egypt’s growth rate to hit 5.6% during FY 2018/19, backed by private consumption, a recovery in the tourism sector, and the operationalization of recently discovered gas fields
Egypt and the International Monetary Fund (IMF) have reached a staff-level agreement on disbursing the USD 2 bn tranche of its USD 12 bn Extended Fund Facility
Egypt's tax revenues has increased in the first quarter of FY2017-18, Al-Ahram newspaper reports
Egyptian Finance Minister Amr El-Garhy says he expects a financing agreement with a consortium of global banks will be renewed for another year
Egyptian exchange-listed company, Real Estate Egyptian Consortium (AREH), announces the nine- month- standalone- net profit after tax amounts to EGP 26 mn as opposed to its EGP 35.8 mn of last year
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