Egypt « 2/20 « | Kippreport.com

Egypt hopes Obama will work

A few months into first term as president, Obama delivered a speech at Cairo University in June 2009 calling for a "new beginning" between the United States and the world's Muslims.

November 7, 2012 12:23

Politics Will Delay Egypt’s Economic Reforms

It was never going to be easy to reform and repair Egypt's finances. It is clear now that it won't be quick either says Una Galani

October 30, 2012 9:37

Egypt mulls ways to develop mobile sector

Mahmoud is responsible for the telecoms portfolio in the first government appointed by President Mohamed Mursi

October 10, 2012 9:34

Emaar & Al Futtaim plan enormous Egypt investment

Al-Futtaim did not say when the agreement on the venture might be finalised or when construction would be completed.

October 3, 2012 8:54

Egypt says IMF deal doesn’t need approval

"In accordance with the constitutional declaration, any international agreement needs to be approved by the legislative authority, and in the absence of parliament, President Mohamed Mursi is empowered to take such decisions"

September 25, 2012 8:49

EFG Hermes shareholders approve QInvest deal

Shareholders of EFG Hermes, Egypt's biggest investment bank, reaffirmed on Sunday their approval of a planned tie-up with Qatar's QInvest after demands by the regulator for more information on the deal were met, EFG said in a statement distributed by the stock exchange.

September 16, 2012 5:20

Egypt’s GASC buys 235,000 Tukrainian, Russian, French wheat

Egypt, the world's largest wheat importer, has bought 235,000 tonnes of Ukrainian, Russian and French wheat for Nov 11-20 shipment on a free on board bases, the main government wheat buyer said on Tuesday.

September 12, 2012 10:24

Egypt Central Bank accepts repos worth 7 billion Egyptian pounds

Egypt's central bank accepted 7 billion Egyptian pounds ($984.9 million) in seven-day repurchase agreements in the money market on Tuesday.

September 12, 2012 9:45

Egypt sees IMF deal in 2 months, eyes World Bank aid

Egypt's prime minister expects to conclude a $4.8 billion IMF loan deal within two months and is in talks for additional budget support worth about $1 billion from the World Bank and the African Development Bank (AfDB), he said on Sunday.

September 9, 2012 5:26

Yields ease at Egypt 182-, 364-day T-bill auction

Average yields declined on 5.5 billion Egyptian pounds ($902.01 million) of treasury bills auctioned by Egypt's central bank on Thursday, the Ministry of Finance said.

September 6, 2012 5:48

U.S. nears deal for $1 billion in Egypt debt relief

The Obama administration is close to a deal with Egypt's new government for $1 billion in debt relief, a senior U.S. official said on Monday, as Washington seeks to help Cairo shore up its ailing economy in the aftermath of its pro-democracy uprising.

September 4, 2012 12:00

Egypt sells 2.5 billion Egyptian pounds of bonds

Egypt's central bank sold 2.5 billion Egyptian pounds ($409.65 million) of reopened five and seven-year bonds on Monday, the Ministry of Finance said.

September 4, 2012 10:50

Why Egypt’s banks are ripe for picking

With a political transition in full swing and a pledge from the president not to devalue the pound, a number of banks could soon change hands as European owners retreat in a bid to shore up capital thinks Una Galani

September 3, 2012 4:51

IMF says Lagarde to visit Egypt on August 22

International Monetary Fund chief Christine Lagarde will visit Egypt next week in a show of IMF support for Egypt's transition, the Fund said on Wednesday.

August 16, 2012 12:21

Egypt’s FIHC buys 21,000 tonnes of edible oils

Egypt's state-owned Food Industries Holding Company (FIHC) bought 15,000 tonnes of sunflower oil and 6,000 tonnes of soybean oil in tender, traders said on Tuesday.

August 15, 2012 12:02