May 26, 2022
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Egypt Latest News

Hiking Oil Prices May Threat Egypt’s Savings from Gas Milestone

October 9, 2018 Ahmed Rashed

Another corner of the energy market threatens to deal a new blow to Egypt’s fragile government finances although its milestone of regaining self-sufficiency in natural gas.  A six-fold increase in production at the giant offshore Zohr [ More … ]

Egypt Latest News

Despite Preparing for Foreign Debt Payments, Egypt Signed New Financial Deals

November 14, 2017 Ahmed Rashed

As Egypt continues to bolster foreign reserves and prepare for about $14 billion of foreign debt repayments in 2018, the central bank governor said that Egypt signed an expanded $3.2 billion financing deal with foreign banks, according [ More … ]

Egypt Latest News

Foreign investors unenthusiastic for Egypt’s local currency debt purchase amid expected rate cut

October 13, 2017 MEO Staff

Foreign investors may be finally curbing their enthusiasm for Egyptian local-currency debt, amid fears of interest rate cut, said Bloomberg in a recent report, titled “Egypt’s $18 Billion Debt Inflows Seen Peaking as Rate Cut [ More … ]

Egypt Latest News

Egypt’s Central Bank Likely to Increase Key Borrowing Costs Due to Inflation Surge

September 23, 2016 Ahmed Rashed

The Central Bank of Egypt will likely raise its key borrowing costs to the highest level in more than a decade, as it tries to curb surging consumer prices amid growing speculation of another currency [ More … ]

Latest

Egypt: Sisi and his FM’s contradictory comments on regime’s critics

Egypt Latest News
May 25, 2022

Egypt: Government seeks new international loans

Egypt Latest News
May 24, 2022

Egypt: Amid hiking prices, Sisi says Prophet ate tree leaves in hard times

Egypt Latest News
May 23, 2022

Egypt: Jailed activist ‘Alaa Abdel Fattah’ moved to a new prison

Egypt Latest News
May 22, 2022

U.S. approves large arms sales to Egypt, most recently anti-tank missiles

Egypt Latest News
May 21, 2022
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