Head of Egypt’s Banks Federation Mohamed El-Etreby urged caution amid an influx of hard currency into Egypt.
11.03.2024 Ahram Online
The country's benchmark index (.EGX30), opens new tab finished 5.2% higher at 32,920 points, with most of its constituents rising.
11.03.2024 Reuters
Egypt also expects the European Union to announce its support package soon, Maait said, outlining more details of the aid that could flow.
11.03.2024 alarabiya
Egypt’s urban consumer price inflation (CPI) witnessed a significant rise, reaching 35.7 percent in February 2024, up from January’s 29.8 percent.
11.03.2024 Egyptian Streets
Banks operating in the Egyptian market have begun raising credit card withdrawal limits following orders from the Central Bank of Egypt.
11.03.2024 Egypt Independent
Some causes date back decades, such as failed industrial development due to poor planning and heavy bureaucracy, and export policies.
10.03.2024 Reuters
The agency also affirmed Egypt's foreign-currency senior unsecured ratings at Caa1.
10.03.2024 economy middle east
Nigeria may have put the cart before the horse with its floatation of the naira, but Egypt has made no such mistake.
10.03.2024 business day
Debt is expected to fall below 90 percent by June 2025 and below 80 percent by June 2027.
10.03.2024 Agenzia Nova
Rating agency S&P is encouraged by the substantial financial inflows that Egypt has received in the last two weeks.
10.03.2024 Forbes Middle East
