Moody’s downgrades deposit ratings of 5 Egyptian banks, with stable outlook
Moody’s downgrades deposit ratings of 5 Egyptian banks, with stable outlook. Moody’s Investors Services has downgraded the long-term bank deposit ratings of five Egyptian…
Egypt’s natural gas imports from Israel fall 19%
Egypt’s natural gas imports from Israel fall 19%. Egyptian imports of natural gas from Israel have declined by 19% to roughly 650 million cubic…
Inflation figures will be out today, and is predicted inflation will record around 38% in September
Inflation figures will be out today, and is predicted inflation will record around 38% in September. Annual urban inflation has been accelerating for the…
Egypt’s gas imports from Israel are expected to increase by 30% over the “coming period,” Oil Minister Tarek El Molla said
Egypt’s gas imports from Israel are expected to increase by 30% over the “coming period,” Oil Minister Tarek El Molla said. Gas imports from…
Who feels the pain from the bond sell-off?
Egypt, Turkey to probe using local currencies in trade exchange
Egypt, Turkey to probe using local currencies in trade exchange. The Central Bank of Egypt (CBE) will discuss with its Turkish counterpart next week…
Egypt’s non-oil businesses declined in September – PMI
Egypt’s non-oil businesses declined in September – PMI. Headline index fell to a four-month low, with high inflation and a weakened pound affecting firms.…
24 Japanese entities eye boosting investments in SCZONE
24 Japanese entities eye boosting investments in SCZONE. 24 Japanese companies and organizations are looking forward to investing in the Suez Canal Economic Zone (SCZONE).…
Crude climbs above $96 a barrel on US stockpiles concern
Edita obtains a loan from the International Finance Corporation worth 45 million USD
Edita obtains a loan from the International Finance Corporation worth 45 million USD. The purpose of obtaining the loan is to finance capital expenditures…
