}

Egypt awaits $1.6B IMF funding as program reviews progress

Egypt is expected to receive $1.6 billion from the International Monetary Fund (IMF) following its board meetings this summer, IMF Communications Director Julie Kozack said.

Beltone Venture Capital backs ariika, Lychee's Saudi expansion

Beltone Venture Capital (BVC), the venture capital arm of Beltone Holding, is increasing its investment in Egyptian consumer brands ariika and Lychee as the two companies prepare to expand their operations in Saudi Arabia.

What is your expectation for Egypt’s interest rates in the next MPC meeting?