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Egyptian authorities have committed to stop sidestepping the finance ministry to borrow billions of dollars directly from the central bank, the International Monetary Fund said in a staff report... -April 23, 2024 at 01:30 pm EDT - MarketScreener
Egypt's deficit in net foreign assets shrank by 217.1 billion Egyptian pounds in February, according to central bank data, after a $5 billion payment from the sale of development rights to prime... -April 01, 2024 at 03:54 pm EDT - MarketScreener
CAIRO, June 21 (Reuters) - Egypt's cabinet has approved a draft law to eliminate tax exemptions for state entities in a bid to attract private investment, a cabinet statement said on Wednesday, but the law appeared to retain ...
Egypt's government sold a 9.5% stake in state-controlled Telecom Egypt for 3.75 billion Egyptian pounds , the finance ministry said in a statement on Sunday, breathing life into a privatisation... | May 14, 2023
CAIRO — The Central Bank of Egypt (CBE) will leave its overnight interest rates steady at a meeting on Thursday, a Reuters poll forecast, despite signals the…