Egypt economy


Egyptian Government Plans To Borrow $39bn From Local Market In Q1 2025

Middle East Business News - Published date: .

Forty-eight treasury bill auctions worth EGP 1.780 trillion and 40 bond auctions worth EGP 203 billion are scheduled fr... Read more

Egypt Doubles Private Sector Funding As Coronavirus Crisis Continues To Bite

Middle East Business News - Published date: .

Analyst says the move is in keeping with the Egypt Central Bank's policy to bolster the economy during challenging times Read more

Egypt Completes $2bn Financing Deal To Support Budget

Middle East Business News - Published date: .

Minister of Finance says Egypt is continuously diversifying its funding sources by tapping regional as well as Islamic s... Read more

Covid-19 Toll On Jobs, Incomes Laid Bare In Egypt Before Reopening

Middle East Business News - Published date: .

More than a quarter of employed Egyptians lost their jobs between the end of February and May, even as they sought to ke... Read more

Egypt Business Activity Rebounds To 4-month High

Middle East Business News - Published date: .

While firms cut wages for the third month in a row, optimism for future activity reached the highest so far this year Read more

IMF Board Approves $2bn Loan Instalment For Egypt

Middle East Business News - Published date: .

Latest instalment brings the total paid to Cairo to about $10 billion since the loan deal was signed in November 2016 Read more