Egypt's inflation predicted to slip 10-13% by year-end: Finance Min.

Sat, 10 Feb 2018 - 11:06 GMT

Egypt’s inflation is predicted to drop to 10 to 13 percent by the end of the year, Finance Minister Amr el-Garhy said Saturday.

Foreign investment in Egypt’s T-bills soars to $20.3B since float: Min.

Sat, 10 Feb 2018 - 10:51 GMT

Foreigners have invested around $20.3 billion in Egyptian debt instruments since the Egyptian pound flotation in November 2016 and until February this year.

Egypt monitoring global market before Eurobond issue: Min

Sat, 10 Feb 2018 - 10:21 GMT

Egypt is currently monitoring global financial markets to decide on the right time to issue the Eurobonds, Finance Minister Amr el-Garhy said.

Global economy doing great, but not lifting MENA enough: IMF

Sat, 10 Feb 2018 - 10:03 GMT

IMF Managing Director said Saturday that the global economic recovery has strengthened, however it is not lifting the Middle East region enough.

Business News Wrap-up

Sat, 10 Feb 2018 - 05:00 GMT

A wrap-up of the most prominent business news of the day