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Doaa A.Moneim's Articles
Bandar Haggar and Egypt’s ministers of international cooperation and petroleum and mineral resources met Thursday on the sidelines of the World Economic Forum

In January, Montgomery and a high-level delegation of WB executive directors visited Egypt for the first visit since 2014 to discuss Egypt’s economic programme and to meet with Egyptian top officials

Egypt's improved business climate encourages international partners to finance the private sector and facilitate its cooperation with the public sector

Egypt is eager to further the participation of the private sector in achieving sustainable development as a key engine for Egypt’s economic growth, said El-Mashat

The draft law aims to simplify procedures for importers and exporters to release their cargos and to reduce time and costs

The report said that these expectations stem from the downward revisions for India, but the projected recovery for global growth remains uncertain

The UK will provide technical support for Egypt to build the required capabilities to boost structural reforms that involve the private sector


According to the IMF, two-thirds of this sharp increase is attributed to a more favorable global risk sentiment that is notably below its historical average


The Monetary Policy Committee has decided to keep the CBE’s overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 12.25 percent, 13.25 percent, and 12.75 percent, respectively

The UK is the largest foreign investor in the Egyptian market with total investments worth $47.4 billion

Bankers and financial experts expect the CBE to introduce new cuts to key interest rates by between 0.5 percent (50 bps) and one percent (100 bps) during the MPC's Thursday meeting

The holding company, individually, gained EGP 334 million in revenues, with a growth rate of 43.2 percent, while its net profits increased to EGP 191.7 million, with a growth rate of 23 percent, the statement read

A World Bank delegation is currently visiting Egypt to discuss national economic priorities along with legislative and structural reforms that the government will adopt

‘The trade ministry is eager to make use of the Gossor Initiative to increase Egyptian exports to the African market, especially from the SME sector,’ the trade minister said

The US dollar traded for EGP 15.87 for selling and EGP 16 for buying


By the end of June 2019, Arab debt deposits in Egypt reached $23.5 billion

Egypt's inflation, the report notes, subsided substantially in the second half of 2019, allowing the Central Bank to cut interest rates three times since August

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