Page 2 - Patrick Werr News Today

Egyptian inflation is forecast to have ticked up in March as prices adjust to a currency devaluation and an interest rate hike early in the month, followed by an increase in fuel prices two weeks... -April 06, 2024 at 05:54 am EDT - MarketScreener

An expanded IMF agreement and major investment by the UAE provided little relief to Egypts non-oil private sector in March, a survey showed on Wednesday....

The next review of Egypts IMF loan programme should be completed by the end of June, when authorities will be able to draw on a further $820 million, an IMF official said on Monday, after an expanded... -April 01, 2024 at 09:13 am EDT - MarketScreener

CAIRO -Egypt has started paying off dues owed to foreign companies working on petroleum projects in the country, the government said on Tuesday, with sources saying that up to $1.5 billion had been... -March 26, 2024 at 11:26 am EDT - MarketScreener

Egypt will receive $3 billion in funding from the World Bank, its finance minister said on Sunday, part of an IMF funding package for the country worth an expected $20 billion. ... -March 10, 2024 at 07:41 am EDT - MarketScreener

Egypt is drawing up plans to develop Ras Gamila, a stretch of largely vacant seaside near the resort of Sharm el-Sheikh, a government official said, days after a huge Emirati investment deal was... -February 27, 2024 at 12:37 pm EST - MarketScreener

Egypt said on Friday it had signed a deal with the United Arab Emirates to develop a prime stretch of its Mediterranean north coast that would bring $35 billion of investments to the indebted...

CAIRO -Egypt said on Friday it had signed a deal with the United Arab Emirates to develop a prime stretch of its Mediterranean coast that would bring $35 billion of investments to the indebted...

The plan, earlier dubbed the "project of the century", was swiftly met with an international outcry.

Cairo's citadel, one of the Egyptian capital's most prominent landmarks, opened another wing housing two semi-circular towers to the public on Sunday, to expand the country's tourist attractions. One of the world's biggest mediaeval citadels, the Citadel of Cairo dates back to about 1176 A.D. when construction began under the Muslim military commander Salah al-Din al-Ayyubi, who later went on to conquer Jerusalem from the Crusaders in 1187 A.D. The fortress, also known as t...