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Egypt

Egypt: Qatar offers IPO package

January 17, 2013 Steven Addamah 0

Government officials from Qatar and Egypt are currently discussing the details of a $2.5bn Qatari aid package, by way of special IPO agreements in dollars. […]

Egypt gets Qatar’s billions before IMF

January 9, 2013 Steven Addamah 0

Qatar gave Egypt an economic lifeline by lending the country another $2 billion and given it an extra $500 million outright to help control its […]

Egypt auctions US dollars

December 31, 2012 Steven Addamah 0

As the Egyptian pound reaches 6.1858 to a dollar, its lowest in 8 years, the central bank is urging Egyptians to “ration” their foreign currency […]

Egypt: Cairo International Film Festival On Track Again

December 21, 2012 Steven Addamah 0

Cairo International Film Festival (CIFF) is being held this year although it was cancelled last year due to the violent demonstrations in Tahrir Square, close […]

Egypt: QNB is taking over Société Générale

December 14, 2012 Geraldine Boechat 0

Cairo’s bourse three week high journey was brought to an end after Société Générale decided to sell its stakes in Egypt’s National Société Générale Bank […]

Egypt: Markets react positively to announcement

December 10, 2012 Steven Addamah 0

The announcement by President Mohammed Morsi to backtrack on his controversial presidential decree which broadened his powers and led to the most popular protest during […]

Egypt: ADB investment and development loan

December 6, 2012 Steven Addamah 0

Egypt’s search for funding has been given another facelift as the African Development Bank (ADB) decides to help the country get over its troubles. The […]

Egypt: a negative trading day

November 19, 2012 Steven Addamah 0

The Egyptian stock exchange experienced a negative trading day as it recorded its worst in two and a half months. Closing on Sunday, the stock […]

Military commander of Hamas killed

November 15, 2012 Geraldine Boechat 0

On Tuesday, Egypt was playing the role of a mediator between Israel and Palestine in order to bring truce to the region. However just five […]

Ethiopia: the Nile River and mega dam constructions

November 13, 2012 Steven Addamah 0

Ever since Ethiopia decided to invest almost $12 billion to exploit energy that can be provided by the Nile River which crosses the country by […]

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