IMF board to review Egypt’s $8B program by end-February

The International Monetary Fund’s (IMF) executive board will meet at the end of the month to consider approving the fifth and sixth reviews of Egypt’s $8 billion Extended Fund Facility (EFF) program, as stated by IMF Managing Director Kristalina Georgieva.

Orascom Development nears 20% revenue CAGR over 4 years: HC Brokerage

Orascom Development Egypt’s revenues are expected to witness a four-year compound annual growth rate (CAGR) of nearly 20%, with 18% for earnings before interest, taxes, depreciation, and amortization (EBITDA) and about 31% for net income, according to HC Brokerage’s update on the company.

​Is the gold price correction over, or is there more room to fall?