Tags Result

Egypt expects $1.2B loan tranche from IMF in January: Kouchouk

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 AM
Egypt to issue 1st local-currency sovereign sukuk in early 2025: Kouchouk

Egypt 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
Egypt seeks to boost concessional financing from development banks

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, Investment Ministers step down as board members in EGX-listed firms

Finance and Investment Ministers have stepped down as board members in EGX-listed firms.

Updated 7/10/2024 6:01:00 AM
Egypt earmarks EGP 44B for local wheat procurement from farmers

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
Cabinet approves amendments to Unified Public Finance Law

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 targets securing $3B in financing to bridge USD gap

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