It is official. The IMF has approved Egypt’s request for a $3 billion Extended Fund Facility (EEF). This amount means…
Browsing: Investment and Finance
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…
John Kerry, a former US secretary of state and now the special presidential envoy for climate has called for the…
Around 200 countries are gathering for the Conference of the Parties (COP27) in Egypt’s Sharm El Sheikh to discuss whether…
Egypt’s government took a series of financial, monetary and social policy decisions last week to ease pressures brought on by…