Last Update 11:2
Thursday, 17 June 2021
Egyptian interest rates remain constant as the Central Bank yesterday announced its overnight rates.
An extra fund of $330 million by the World Bank will be directed to upgrade the Egyptian Railway.
Ireland was rescued by the international monetary fund with an aid package worth $30.1 billion, in order to get out of its debt crisis
Egyptian lender Housing and Development Bankposted a 13.3 percent fall in nine-month net profit to 170 million Egyptian pounds ($29 million).
As Bank's Monetary Policy Committee meets today to discuss rates, no changes are expected. Inflation remains in check but some criticize that corporate lending remains low
New agreements to export natural gas to Israel are thought to be as contentious as their predecessors
The interest rates remain constant by the central bank of India avoiding future hike, because of previous 6 increases.
Many predict that the ministry of investment will be divided into three entities
Libya is investing heavily in an Egyptian real estate project to provide housing for young Egyptians
A bankruptcy petition has been filed against Egypt's most famous department stores, Omar Effendi, for unpaid furniture bills
A new law regarding public service employees might reshape the relationship between public servants and the State
Foul, the most essential Egyptian dish, experienced a price increase due to cut in local production
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In an official government statement on Tuesday, the ministry of finance announced that the 2012 IMF/World Bank Annual Meetings would be hosted in Sharm El-Sheikh
Middle East Gas signed a new deal to export Egyptian gas to Israel for the next 20 years
Nigeria is the most probable African contender to join the BRIC, investors say
Egypt will offer 100 public-private partnership projects worth LE 100 billion ($17.3 bln) in energy and transport projects, says Finance Minister
Israel will trim taxes and cut its government spending to achieve economic stability
Howard Davies, director of the London School of Economics, gave a lecture Sunday, discussing the implications of World Economic Crisis. The event marked the official inauguration of EFSA's Egyptian Financial Institute
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