Moody’s rating reflects international institutions confidence in Egypt’s economy: Min.
Moody’s Investors Service’s decision on keeping Egypt’s long-term foreign and local currency issuer ratings at B2 with a stable outlook ...
Country: Egypt
IMF approves $2.77bn emergency virus loan for Egypt
The IMF board approved $2.77 billion in emergency aid for Egypt on Monday, to help the country deal with the ...
Proposed investment budget for coming fiscal year upped to LE 230
Prime Minister Moustafa Madbouli said the government upped the proposed investment budget for the coming fiscal year to LE 230 ...
Trade exchange between Egypt, China hits $13.2bn in 2019
The volume of trade exchange between China and Egypt has hit 13.2 billion dollars in 2019, seeing a 4.5 percent ...
Egypt witnesses high international demand on its agricultural products: CGTN
Egypt is currently witnessing an increasing demand on its agricultural products, despite coronavirus (COVID-19) pandemic, said China Global Television Network ...
Private sector contributes by 26% of total investments in ICT sector in FY2020/2021
Private investments worth LE6.9 billion compose 26 percent of total investments worth LE27.5 billion in the communications and information technology ...
International institutions expect Egypt to achieve economic growth amid COVID-19 crisis: minister
The international institutions expected Egypt to be the sole nation across the world to achieve a positive economic growth rate ...
Work to start next month on new Egypt petchem project
Egypt's Misr Phosphate Company has announced plans to start construction of its new phosphoric acid project, located in the New ...
Egypt’s agricultural exports exceed 2.4mn tons since January
Minister of Agriculture and Land Reclamation El Sayed El Quseir said Wednesday the volume of Egyptian agricultural exports increased to ...
Coronavirus: IMF urges Mideast sovereign funds to boost local economies
Sovereign wealth funds in the Middle East should be used to boost growth, an International Monetary Fund (IMF) official said ...
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