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Bank forecasts a current account surplus of 1.4% of GDP in 2019/20, as per report
Five international banks were chosen to arrange Egypt’s dollar-denominated eurobond issuance on 5 January 2018. The institutions are HSBC, JP Morgan, Morgan Stanley, Citibank and the National Bank of Abu Dhabi (NBAD), Finance Minister Amr El-Garhy announced on Thursday. El-Garhy said the $4bn eurobond issuance will be at the end of January 2018, which is …
The sharp foreign exchange adjustment, fiscal reforms, and increase in energy prices will increase inflation toabove 30% by Q2 of 2017
Seven major global banks have settled a lawsuit in the United States accusing them of market manipulation. They were suspect of colluding to rig the daily benchmark for interest rate exchange contracts.
The Egyptian government requested an evaluation from the fund