Emerging markets equities lag behind developed markets in Q2 2023
Better-than-expected economic data and a stable banking system have quelled concerns of a "hard landing" or financial crisis in the United States, according to Mashreq Capital's Q2 2023 Market and…
Egypt, UAE sign $500m programme to finance wheat imports for 5 years
Egypt’s Ministries of International Cooperation and Finance, and the General Authority for Supply Commodities (GASC) signed with the Abu Dhabi Exports Office (ADEX), affiliated to the Abu Dhabi Fund for…
Rockfin appointed as advisor for over 8 transactions worth EGP 5bn in 2023
Rockfin, which specializes in consulting and financial services, is managing about eight deals worth up to EGP 5bn and are expected to close before the end of this year. Sherif…
3rd batch of 6th phase of lump-sum export subsidy dues payment starts on Wednesday, Thursday: Finance Ministry
Mohamed Maait, Minister of Finance, said that the third batch of the sixth phase of the lump-sum export subsidy payment initiative will start on Wednesday and Thursday. The amount will…
MSMEDA pumps EGP 2.3bn to finance 121k small, micro enterprises in Fayoum over 9 years
Ahmed Al-Ansari, Governor of Fayoum, received on Tuesday Basil Rahmi, CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA); Alaa Farouk, Chairperson of the Agricultural Bank of Egypt…
Outstanding balances of local T-bills, bonds reach EGP 4.604trn in July 2023: Finance Ministry
The Ministry of Finance has revealed that the outstanding balances of local treasury bills and bonds amounted to about EGP 4.604trn in July 2023. According to the latest report published…
Irrigation Ministry seeks to maximize irrigation assets in Menoufeya
Egypt’s Minister of Water Resources and Irrigation Hani Sweilam met on Tuesday Ibrahim Abu Lamon, the Governor of Menoufeya, to review water projects in the governorate, and remove encroachments on…
Cairo hosts tripartite cooperation mechanism meeting between Egypt, Jordan, and Iraq
Foreign Minister Sameh Shoukry held on Tuesday a meeting with foreign ministers of Jordan and Iraq in Cairo, within the framework of the tripartite cooperation mechanism that brings together the…
Military coups in Africa: here’s what determines a return to civilian rule
Francophone west Africa now accounts for approximately two-thirds of all military coups that have occurred since the end of the Cold War in 1991
Shoukry, Mekdad discuss means to preserve Syria’s territorial integrity
Egypt, Saudi FMs stress need to push joint Arab framework