Egypt partners with Google to promote 'unmatched diversity' tourism campaign    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Taiwan GDP surges on tech demand    World Bank: Global commodity prices to fall 17% by '26    Germany among EU's priciest labour markets – official data    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Egypt to boost marine protection with new tech partnership    France's harmonised inflation eases slightly in April    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Egypt's Al-Mashat urges lower borrowing costs, more debt swaps at UN forum    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Ahmed Ali Yomna Yasser
S&P expects Egypt's foreign reserves to fall to $37 billion by June-end amid coronavirus
Rating agency S&P has forecast on Friday Egypt's foreign exchange reserves – including gold – would decline to about $37 billion by the end of current financial year that ends on June 30. S&P warned that the coronavirus pandemic would cause a sharp (...)

19 - 04 - 2020
S&P expects Egypt will approach IMF for loan to ease coronavirus impact
Rating agency S&P anticipated on Friday that Egypt would approach the International Monetary Fund (IMF) for a standby credit facility programme or borrow from its emergency financing to help fight the coronavirus. The additional funds would help to (...)

19 - 04 - 2020
Egypt best-performing economy in MENA – IMF official
Egypt's economy has been the runaway success among the Middle East region, with expectations to grow 5.5 percent in 2019, an International Monetary Fund official said on Wednesday. "Egypt is the best" in terms of performance in the Middle East (...)

30 - 10 - 2019
AAIB says 5-year AUC Venture Lab pact backed 150 Egyptian startups
Collaboration between the Arab African International Bank (AAIB) and AUC Venture Lab (V-Lab) has resulted in accelerating around 150 startups in Egypt in five years, marketing and communications manager Sherif Hassan said on Thursday. These new (...)

18 - 07 - 2019
EBRD approves $24 million loan for Egypt's Andalusia Medical Group
The European Bank for Reconstruction and Development (EBRD) has approved a $24 million loan to Andalusia Group for Medical Services, one of Egypt's largest hospitals operators, a senior banking source said on Sunday. The loan will go for financing (...)

19 - 11 - 2018
Egypt imports foods worth $12 billion a year – c.bank governor
Egypt imports between $10 billion and $12 billion in foods a year, including $6 billion in wheat, oils, and corn, the country's central bank governor told a conference Tuesday. With Egypt long dependent on imports, Tarek Amer called the country's (...)

01 - 11 - 2017
Egyptian banks' foreign reserves rose by $10 billion since currency float: Amer
Egyptian banks' foreign exchange reserves have risen by $10 billion since Egypt took the dramatic step of floating its pound last year, central bank governor Tarek Amer said Tuesday. The country's foreign exchange reserves have recorded a 92 percent (...)

01 - 11 - 2017
Ahli United Bank launches new initiative to promote Egypt exports
Ahli United Bank – Egypt, part of Bahraini Ahli United Bank Group, has launched late Saturday a new initiative to boost Egypt's exports, in cooperation with Cairo-based EGY ACTIVE Company. Other export councils and governmental entities in Egypt are (...)

09 - 04 - 2017
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