Egypt is expected to receive a new tranche worth $1.2 billion from the International Monetary Fund (IMF) in January.
Updated 1/6/2025 9:08:00 AMEgypt is set to issue its first sovereign sukuk in Egyptian pounds during the first quarter (Q1) of 2025.
Updated 12/1/2024 1:14:00 AM
The Egyptian government is seeking to increase the volume and amount of multilateral concessional financing secured from development banks, international institutions, and bilateral partners.
Updated 10/13/2024 9:03:00 AM
Finance and Investment Ministers have stepped down as board members in EGX-listed firms.
Updated 7/10/2024 6:01:00 AM
Egypt has allocated nearly EGP 44 billion so far to finance the purchase of local wheat from farmers, Minister of Finance Mohamed Maait stated.
Updated 6/11/2024 7:42:00 AM
The Egyptian Cabinet has approved amendments to some provisions of the Unified Public Finance Law and referred it to the House of Representatives for discussion next week, Minister of Finance Mohamed Maait announced on February 19th.
Updated 2/20/2024 11:02:00 AM
Egypt is looking forward to raising $3 billion in financing, as of fiscal year (FY) 2023/2024 that started July 1st, to bridge the US dollar gap and cut debt.
Updated 7/12/2023 10:16:00 AM