
Egypt is struggling due to bad credit ratings
Government officials in Cairo have claimed that the State-owned Egyptian General Petroleum Corp. (EGPC) is close to acquiring a letter of credit from the National […]
Government officials in Cairo have claimed that the State-owned Egyptian General Petroleum Corp. (EGPC) is close to acquiring a letter of credit from the National […]
The Tunisian government’s published a letter sent to the IMF, describing the government’s intention to recapitalize its banks through a rescue operation. The amount needed […]
The European Bank for Reconstruction and Development (EBRD) should be deciding on Wednesday whether they will fund oil drilling projects in Egypt with a $40m […]
The World Bank’s Vice President for the Middle East and North Africa Region, Inger Andersen, has assured Algeria of their continuous support in the expansion […]
The stand-by loan agreed upon and expected to be signed this month by the Tunisian government and the International Monetary Fund (IMF) is again being […]
The Egyptian pound has strike a new low against the US dollar, after official exchange rates reached LE7, a rate unseen since 2003, in commercial […]
Prime Minister Hesham Qandil has pointed out that the government is willing to offer some areas around the Suez Canal for investment projects, but it […]
The National Bank of Egypt (NBE) and Banque Misr have made clear their desire to sell their foreign assets, prompting investors to term the Egyptian […]
The Egyptian pound is still going through its worst period after reaching a new all-time low against the United States dollar at an average of […]
The economy minister has forecasted a growth of 3% in 2013 after the country reached the post uprising era level of production. His prospect is […]
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