After two years of negotiations, the International Monetary Fund (IMF) has reached an agreement with Egypt to increase its loan…
Browsing: Investment and Finance
Egypt’s recent agreement with the UAE to develop the coastal zone Ras El-Hikma offers a promising solution to the country’s…
Hossam Heibah, President of the General Authority for Investment and Free Zone (GAFI), signed a Memorandum of Understanding (MOU) with…
The Egyptian Ministry of Finance has revised its projections for the budget deficit in the current fiscal year 2023/2024, ending…
Beltone Financial Holding and gold investment solutions provider Evolve Gold have joined forces to unveil the ‘Beltone Evolve Gold Fund…
Since 2016, Egypt has been almost entirely dependent on the IMF’s money to provide foreign currency and a “vote of…
Amid Egypt’s ongoing foreign currency shortage, commercial banks are borrowing more dollars from abroad to finance local businesses that depend…
Egypt is exploring the possibility of issuing securitized bonds that would be backed by state-owned assets to address the ongoing…
The World Bank has lowered Egypt’s 2024 Gross Domestic Product (GDP) growth forecast to 3.3% from the anticipated 3.7% in…
Throughout 2023, the global economy has encountered an array of volatilities due to the war in Ukraine, inflation, rising international…