Throughout 2023, the global economy has encountered an array of volatilities due to the war in Ukraine, inflation, rising international…
Browsing: Investment and Finance
Egypt’s current account deficit improved by 12.1% year-on-year in the first quarter of the current FY2023/2024 (July-September 2023) reaching $2.8…
State-owned banks National Bank of Egypt (NBE) and Banque Misr issued new certificates of deposits (CDs) last week, boasting an…
In response to the severe economic challenges facing Egypt, the cabinet has released a document outlining key economic trends for…
In 2023, Egypt’s economy confronted severe challenges amid global and regional tensions. Despite government efforts to ease the impact on…
Developing countries spent nearly half a trillion dollars to service their external public and publicly guaranteed debt in 2022, depleting…
On this day, December 16, we commemorate the first anniversary of the International Monetary Fund’s (IMF) approval of the Extended…
Egypt launched its first automated teller machine (ATM) for real-time purchase of bullion in November in partnership between local gold…
African Development Bank (AfDB) approved in November a loan worth $131 million to promote private sector development and economic diversification…
The severe US dollar shortage in Egypt has prompted major international credit rating agencies to downgrade the country’s long-term sovereign…