Egypt's portfolio flows are recovering, with reported net inflows of more than $9 billion between June and October—following more than $15 billion in outflows during March/April— reflecting attractive domestic yields with 90-day T-bills at around 13.5 percent, International Monetary Fund (IMF) said Thursday.
The IMF staff team and the Egyptian authorities have reached a staff-level agreement on the first review of Egypt’s economic program supported by the IMF’s $5.2 billion Stand-by Arrangement
Finance Minister Mohamed Maait said the Egyptian economy managed to maintain resiliency in the face of the fallout of the coronavirus due to the historic economic reforms over the past few years.
Maeet said the report affirms that partial closure Egypt had imposed in light of the coronavirus crisis has spared Egypt further harm to economy.
Many parliament members said that this increase restores much confidence in the Egyptian economy and encourages investments.
Amr Nassar, Egypt's minister of trade and industry, is set to attend the ceremony on behalf of Prime Minister Mostafa Madbouly.
EFG Hermes, a leading financial services with over 880 employees in seven countries, said Monday the Egyptian economy is going to be more coherent and competitive among emerging markets in 2019
“Aman has changed our lives ... We now feel safer and more at ease; I know that if something were to happen to me, my kids would be alright."
The International Monetary Fund’s (IMF) mission in Egypt expressed Wednesday positive views on the Egyptian economy performance.
Vietnamese president’s visit reflects the cooperation between the two countries in investment and trade sectors.
“Hiring a freelancer is akin to screening all possible future employees for a period of time, without any of the commitment; no contract, taxes, insurance.”
35 percent of the workforce is expected to become freelancers and independent contractors by 2020.
Freelancing has always been a way of making money on the side, but why are more and more employees turning to freelancing.
Egypt to tap into the international sukuk market in fiscal year 2018-19, hopes Finance Minister Mohamed Maait.
On the day celebrating Industrial Workers of the World, Egypt Today celebrates Suez Canal Economic Zone (SCZone).
Economic reform steps taken to decrease subsidies and spending are set to put Egypt on a brighter economic path.
The development expert gives us an insight into the booming property market.
Bernie Dun, President of Boeing Middle East, North Africa and Turkey talks to Egypt Today about their partnership with Cairo University, the importance of the Egyptian market and the role the company plans to play in the Middle East over the next 20 years
RIZ is set to decrease unemployment in Egypt, increase foreign direct investment (FDI), increase production and establish Egypt as a trade hub.
United Nations Resident Coordinator in the Arab Republic of Egypt Richard Dictus stated that the Egyptian economy will witness a substantial growth in a year and half.