Ancient historic sites have long been a staple of Egyptian tourism. With the Grand Pyramids of Giza, more than 120,000…
Browsing: Investment and Finance
For the second time in less than six years, Egypt has won the approval of the International Monetary Fund (IMF)…
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is scheduled to convene on Thursday to review…
It is official. The IMF has approved Egypt’s request for a $3 billion Extended Fund Facility (EEF). This amount means…
The US Federal Reserve (Fed) announced on Wednesday raising interest rates by 50 basis points after four consecutive three-quarter point…
Egypt is currently engaged in the lengthy process of reorienting state apparatuses towards ‘greening’ the national economy in a diverse…
For the past 20 years, the EU has relied on the euro to be worth $1 or more and fuel…
Nicknamed “The World’s Factory,” China is the biggest trading partner of more than 64 nations, according to the 2016 CIA…
Russia is vital to Egypt’s food security. CAPMAS data shows Moscow supplied nearly 80% of Egypt’s wheat prior to the…
For many, the dollar is the de facto global currency. Based on IMF data, it accounted for 59% of central…