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The International Monetary Fund (IMF) has not received any financing request from Egypt, a senior IMF official told CNBC Arabia on Tuesday.
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Egypt has granted funding worth around EGP 57 billion to micro-enterprises by the end of September 2021, compared to EGP 6.4 billion by the end of 2016,  according to the Deputy Governor of the…
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The extraordinary general meeting (EGM) of Palm Hills Developments has approved the issuance of a Sharia-compliant Sukuk worth EGP 3.25 billion, in cooperation with Tharwa Securitization Company.
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Raya Holding for Financial Investment will establish a new e-payment company in cooperation with TAQA Arabia, a subsidiary of Qalaa Holdings.
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Egypt will ban the export of key staples, including wheat, flour, and lentils, a move aimed at safeguarding the country’s food reserves amid the fallout from Russia’s invasion of Ukraine.
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Egypt is “not yet” in discussions with the International Monetary Fund (IMF) over securing a new loan, the country’s Planning Minister Hala al-Saeed told Reuters.
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The volume of funds granted by the Egyptian banking sector to micro, small, and medium enterprises (MSMEs) exceeded EGP 400bn in 2021, Mohamed El-Etreby — the Head of the Federation of Egyptian Banks…
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 Egypt's ongoing development cooperation portfolio comprises 372 projects aiming to support development sectors, invest in human capital, and achieve the UN Sustainable Development Goals (SDGs), the…
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International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva said the fund is already engaged in discussion with Egypt on how to “target vulnerable populations and vulnerable…
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Egypt’s external debt registered $137.4bn in September 2021, down by about $439.5m, compared to end-June 2021, according to the Central Bank of Egypt.
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