On Thursday, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to maintain current key interest…
Browsing: Investment and Finance
Egypt is ramping up efforts to meet promises it made to the International Monetary Fund (IMF) regarding the sale of…
In just two weeks, Egypt saw the second downgrade of its credit rating amid a troubled economy grappled with soaring…
Egypt is currently struggling to fulfill the commitments it pledged to the International Monetary Fund (IMF) under the Fund’s Extended…
Multiple private banks in Egypt, including Commercial International Bank (CIB), QNB Al Ahli, and Arab Investment Bank (AIB), have issued…
The Egyptian pound is expected to further slump against the US dollar, crossing the 35-threshold throughout April, amid a notable…
For Egypt, foreign currency inflows are critical to stabilizing the government’s finances as the country faces rising inflation and the…
Currency exchange rates, lending and GDP growth prospects worldwide are affected by what the U.S. Federal Reserve (Fed) decides during…
Egypt announced on March 8 that it would be offering citizenship to foreign investors willing to spend at least $250,000…
Recent fuel price hikes implemented in Egypt may contribute to a rise in inflation starting in June when the North…