Page 46 - Patrick Werr News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The World Bank has approved a $360 million development policy financing (DPF) loan to support Egypt's post-pandemic recovery, the lender said on Thursday.

Egyptian state-controlled payments firm e-finance for Digital and Financial Investments began an initial public offering (IPO) for retail investors on Sunday, an official from one of the banks acting as managers of the offering said.

Egypt's non-petroleum private sector activity contracted for a 10th straight month in September, although optimism that the economy would recover over the next year reached an all-time high, a survey showed on Tuesday.

By Patrick Werr CAIRO (Reuters) - Egypt is pushing ahead with a new project to restore historic Cairo, a sprawling but now rapidly crumbling thousand-year-old world heritage site home to many a tale in the Thousand and One Arabian Nights. The plan aims to revitalise and promote Cairo as a tourist attraction while the government prepares to move to a futuristic new capital in the desert. It gives fresh impetus to efforts by professional architects and restorers to also save old buildings which they feared were being lost because of bureaucracy, official corruption and legal constraints. Low-ris...

KHARTOUM — Sudan’s central bank allocated $43.4 million in its second foreign currency auction, an almost three-fold increase on the previous week, while the…