Ministry of Finance issues EGP 18.5bn ingovernment securities
Egyptian government resorting domestic borrowing, as a part of its two-sided strategy
Bank of England set to refrain from more QE stimulus
More QE cash expected, but BoE is likely to wait until November
El-Arabi meets with EBRD’s Hildegard Gacek to discuss economic co-operation
Ashraf el-Arabi, minister of development and international cooperation discussed economic support to…
Government studies new law to regulate foreign capital
By Ibrahim El-Masry Minister of Planning and International Cooperation Ashraf Al-Arabi said…
Banks assure interest in financing energy sector
$5 billion power stations to be installed during winter, says the ministry…
EFSA enact new regulations for changing stocks’ closing price
Chairman of the Egyptian Financial Supervisory Authority (EFSA), Ashraf El-Sharqawy, approved new…
Crop Yield Prices Balancing Fund to be introduced
Crop Yield Prices Balancing Fund plan to be proposed to Cabinet
Currency exchange rates see relative stability after Eid El-Fitr break
By Waleed Abdel Azim The exchange rates of different currencies have stabilised…
Housing and Development Bank to invest EGP $900m in Helwan project
By Nasser Youssef The Housing and Development Bank (HDB) plans on building…
Barclays moves to repair ‘devastating blow’ to reputation
Barclays said that Agius, who has chaired the bank for six years,…