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Sunday, 23 February 2020
Economy
Egypt's central bank keeps overnight interest rates steady
Egypt’s central bank on Thursday kept its key interest rates unchanged, in line with forecasts from a Reuters poll ...
“Uncertainty in the global economy is becoming the new normal”: IMF managing director
Finance ministers can do more to address longterm challenges, such as climate change and protectionism, states IMF managing director
U.S. urges EU to use 5G by Ericsson, Nokia, Samsung, seen on par with Huawei
Washington wants its allies to ban Huawei, the world's largest producer of telecoms equipment, arguing the use of its kit creates the potential for espionage by China - a claim denied by Huawei and Beijing
Monetary Policy Committee reviews CBE interest rates Thursday
A decrease in interest rates is ruled out by most analysts, though further cuts this year are likely
14% of Egyptian families are headed by women: Minister
Egypt's Minister of International Cooperation Rania El-Mashat announced that some 23 million Egyptian women are ...
Egypt central bank seen keeping key interest rates steady
Some economists expect the Central Bank of Egypt to keep rates steady, while others forecast a cut of between 50 and 100 basis points
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Kuwait Fund for Arab Economic Development delegation to visit Egypt in March, to discuss Sinai development projects
Egyptian Minister of International Cooperation Rania El-Mashat is visiting Kuwait, discussing the Egyptian-Kuwaiti cooperation strategy through 2022
Egyptian natural gas exports to Jordan to be resumed within 48 hours
The Egyptian-Jordanian Fajr for Natural Gas Transport and Supply Company said on Wednesday that the export of Egyptian ...
International Finance Corporation appoints new regional director for MENA
International Finance Corporation (IFC), a member of the World Bank Group, has appointed Beatrice Maser as its new director ...
Rameda made EGP 894 mln in revenues in FY2018/2019
The Tenth of Ramadan for Pharmaceutical Industries and Diagnostic Reagents' (Rameda) SAE revenues saw an increase ...
Egypt posts GDP growth of 5.6% in 6 months to Dec
Egypt’s economy grew by 5.6% in the six months to December, a government statement said on Wednesday. Egypt’s ...
Luxor to house a new Four Seasons Hotel
The project will cost EGP 1.5 billion and is expected to be completed in 3.5 years
Banque du Caire records net profit of nearly EGP 4 billion, growth rate of 59%
Banque du Caire’s business results show significant growth in all business sectors in Egypt by the end of the fiscal ...
International Finance Corporation provides $125 mln to support private health care in Egypt and Morocco
The International Finance Corporation (IFC), a member of the World Bank Group, announced on Tuesday that it will be the ...
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