| 11/14/2015 - Standard & Poor's cut Egypt's credit rating outlook to stable from positive, keeping Egypt's long-term rating at B-. The institution said that the stable outlook to Egypt reflects that the c... |
| 11/17/2015 - Egypt's government is working with the central bank to ease downward pressure on the currency by trying to boost exports and regulate imports, Prime Minister Sherif Ismail said. "It is the ... |
| 11/24/2015 - Egypt's tariffs on imported European cars are set to fall a further 10 percent early next year, an official from the Customs Authority told business newspaper Al Borsa. The new decrease woul... |
| 11/29/2015 - Egypt has received a proposal from the Cairo-based African export-import bank (Afreximbank) to arrange a facility of up to $1 billion, underwriting $500 million of the amount, for the country’s centra... |
| 11/30/2015 - Egypt is targeting a budget deficit of around 9 to 9.5 percent and a growth rate of around 5 to 5.5 percent for the fiscal year beginning July 2016, the Ministry of Finance announced in a press. |
| 12/3/2015 - EFG-Hermes Leasing, a wholly owned subsidiary of investment bank EFG-Hermes, is working on securing a sharia-compliant credit line from a Gulf-based Islamic lender, the subsidiary's executive chairman... |
| 12/8/2015 - Egypt's planning minister Ashraf El-Arabi said that he expects GDP growth for the first fiscal quarter of 2015-2016 to be less than 5 percent, and that the government would look to push the budget def... |
| 12/13/2015 - Head of Egypt's General Authority for Tourism Promotion Samy Mahmoud said that Egypt received nine million tourists since the beginning of 2015. Mahmoud delivered a speech on behalf of Touris... |
| 12/19/2015 - Financial experts have said that the private sector will not be affected by the US Federal Reserve Board's decision to raise the interest rate on the dollar by a quarter point. Mohamed al-... |
| 12/20/2015 - Egypt’s non-petroleum exports dropped 18.7 percent year-on-year in November 2015 to US$1.4 billion, compared with $1.7 billion in the same month last year, according to Trade and Industry Minister Tar... |
| 12/22/2015 - Egypt's largest steel producer Ezz Steel hit a net loss of LE559.1 million ($71.4 million) during the first nine months in 2015, the Egyptian Bourse stated. The company saw a net loss of LE20... |
| 12/24/2015 - The Central Bank of Egypt (CBE) has decided to raise interest rates by 50 basis points in an effort to mitigate inflation after the bank's Monetary Policy Committee (MPC) met. The bank raised... |
| 12/27/2015 - Egypt has raised duties on exports of scrap fabrics used in the manufacturing of furniture fabrics by 40 percent, in an attempt to boost local industry. The decision aims to boost the domesti... |
| 12/30/2015 - President Abdel Fattah El Sisi met Governor of the Central Bank of Egypt Tarek Amer who reviewed a CBE program that is aimed at achieving economic stability to stimulate economic growth, increase the ... |
| 1/2/2016 - The Egyptian Stock Exchange announced that it attracted some 18,000 new investors in 2015. According to the annual report of the bourse, the number of new companies registered on the market, ... |
| 1/2/2016 - Egypt will apply a new phase of 10 per cent cuts on customs of vehicles imported from the European Union in accordance with a comprehensive EU-Egyptian trade agreement, sources at the Cairo airport cu... |
| 1/4/2016 - Tax returns saw a 25.2 percent increase between July and October 2015, according to a monthly report by the Finance Ministry, which praised the surge as a result of “tax reforms” and “economic improve... |
| 1/4/2016 - The government and the Central Bank of Egypt (CBE) have decided to collaborate on designing a framework that aims at achieving macroeconomic stability, according to a press statement issued. ... |
| 1/8/2016 - Egypt will witness a moderate growth up to 3.8 percent in the financial year ending in June 2016, the World Bank (WB) expected in a report. In its Global Economic Prospects, the WB also expec... |
| 1/13/2016 - Egypt’s Suez Canal revenues dropped by 5.3 percent in 2015 to US$5,175 billion, down from US$5,465 billion, Suez Canal Authority chief Mohab Mamish said. Mamish attributed the fall to a st... |
