S&P removes Egypt from credit watch rating, confirms rating B
The rating agency Standard & Poor’s has removed Egypt from its watch list and affirmed long and short-term foreign and local currency sovereign ratings on […]
Finance
Egypt: Central bank accepts and offers new bonds
The central bank of Egypt has fallen short of its initial objectives to collect 13 billion Egyptian pounds in the seven day repurchase agreements that […]
Algeria: Bank rating agency project under elaboration
A project is on its way to create a bank rating agency in Algeria. The announcement of the project’s elaboration was made by the general […]
Egypt Gets $2 Bln Loan from Qatar
The newly formed Egyptian government has managed to get a $2 billion loan from the oil-rich emirate of Qatar, the second country after Saudi Arabia […]
Morocco: Sovereign bond in October
According to a senior official who spoke on the condition of anonymity, the government is on the verge of selling at least a billion dollar […]
Jordan to Receive $2 Bln IMF Funding Boost
The Jordanian government will receive a $ 2 billion financial assistance from the International Monetary Fund (IMF) to enable the Hashemite Kingdom carry out its […]
Tunisia issues a $485 million bond with US support
Tunisia has issued a $485 million sovereign bond guaranteed by the United States, which evidences thus Washington’s strong commitment to help Tunisia strengthen its ability […]
China offers new $20 billion worth loans to Africa
China announced on Wednesday that it would offer Africa new loans worth $20 billion over the next three years to support infrastructure, the manufacturing industry […]
Egypt’s stock market indices make record gains in 9 years
Egypt’s stock market indices have made record gains in 9 years following the victory of Mohammed Morsi of the Muslim Brotherhood in the Egyptian presidential […]
Africa: International community pledges financial contribution to energy projects
The international community and several world and regional financial institutions have pledged, during the recently held Rio+20 earth summit, substantial financial contributions to upgrade the […]