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11/6/2016 - Egyptian Stock Exchange (EGX) Chairman Mohammed Umran signed a memorandum of understanding (MOU) with Brazilian stock-exchange and futures-market operator BM&F BOVESPA on exchange of information and e... |
| 11/6/2016 - Tourism Minister Yehia Rashed will leave for London to take part in the World Tourism Market (WTM) that will be held on November 7-9. Rashed asserted the importance of Egypt’s participation ... |
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11/6/2016 - The US dollar's exchange rate has stabilized to score EGP 15.50 pounds to buy and 15.75 pounds to sell sale at some main banks three days after the Central Bank of Egypt (CBE) floated the Egyptian pou... |
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11/6/2016 - Egypt's finance ministry has raised interest rates on Suez Canal investment certificates to 15.5 percent, minister Amr El-Garhy announced. El-Garhy said that the increase will be for the rema... |
| 11/6/2016 - A day after the Egyptian government slashed fuel subsidies, raising prices by 30-47 percent, several governorates increased fares for vital privately-owned transportation means, setting the stage for ... |
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11/7/2016 - President Abdel Fattah El Sisi discussed the efforts on combating corruption, the recent economic situation and developments with regard to other issues. This was during his meeting with t... |
| 11/7/2016 - Egypt's trade deficit was down 3.1 percent in August compared to the same month last year, reaching EGP 37.8 billion, the state's statistics body CAPMAS said statement. On a monthly basis, th... |
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11/7/2016 - Telecommunications firm Orange Egypt has agreed on a 500 million euro ($553 million) loan from its parent company to cover the cost of a licence that will let it operate fourth-generation mobile phone... |
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11/7/2016 - Egypt will submit within two or three days a letter of intent to the International Monetary Fund for a $12 billion loan, Finance Minister Amr El Garhy was quoted as saying by the Al-Borsa newspaper. |
| 11/8/2016 - Egypt's decision to float the pound is credit positive for Egyptian banks, Global credit rating agency Moody's said in a statement, adding that the decision would increase the availability of US dolla... |
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11/8/2016 - Trade and Industry Minister Tarek Kabil opened Kuwaiti Week exhibition held in Cairo under the rubric “Kuwait is in Egypt.” Kuwait's Ambassador in Cairo Mohamed Saleh, a number of ambassadors... |
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11/8/2016 - Minister of International Cooperation Sahar Nasr conferred with Director of the French Development Agency (AFD)'s Office in Cairo Stephanie Lanfranchi and French Cultural and Cooperation Adviser Moham... |
| 11/8/2016 - The International Monetary Fund (IMF) board will meet to discuss Egypt’s request for financial assistance, IMF director Christine Lagarde said adding that she will recommend that the loan be approved.... |
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11/8/2016 - Billboards displaying promotional materials from the tourism campaign "This is Egypt" have been raised in London as Egyptian tourism minister Yehia Rashed attended a conference on the sidelines of the... |
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11/10/2016 - The National Bank of Egypt, the largest state-owned bank, has received over 30 billion Egyptian pounds from new certificates of deposit it started offering last week, state newspaper Al-Ahram quoted t... |
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11/10/2016 - The Central Bank of Egypt has reached a deal to secure $2 billion in financing from global banks, the bank said in a statement. The central bank "initiated a repurchase transaction with a con... |
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11/10/2016 - Egypt issued $4 billion in bonds in the Irish Stock exchange, the finance ministry said, in an attempt to create new financing sources to plug the country's widening budget deficit. Bonds wor... |
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11/10/2016 - The Egyptian Cabinet, headed by Prime Minister Sherif Ismail reviewed a report on current procedures adopted for preparing the new Investment draft law, Youm7 reported. During the weekly meet... |
| 11/10/2016 - The Central Bank of Egypt decided to freely float the pound and raise key interest rates as part of reforms aimed at alleviating a dollar shortage and stabilizing the country's economy. Mood... |
| 11/13/2016 - Egypt's $12 billion three-year IMF loan programme will be repaid in 10 years with a 4.5 year grace period and the reforms agreed with the international lender aim to boost growth and curb inflation, t... |
