Rachid Mohammed Rachid

Egypt

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Finance news

Egypt’s major commitments under the IMF’s $8 bln expanded loan deal

The fourth through eighth and final reviews are scheduled to be completed every six months, allowing the country to receive around $1.3 bn each time.

Egypt to cut interest rates by 2 percent in May; inflation to decrease to 20 percent by end of 2024

The CBE's Monetary Policy Committee is scheduled to meet on May 23 to review the key interest rates.

Egypt and African Development Bank finilise programme to strengthen country's entrepreneurial ecosystem

More than 100 businesses and entrepreneurs have benefited from the financial, tax, administrative, and technological advice offered by top consulting.

The top 5 banks in Egypt in terms of safety

The safety and reliability of banks are of paramount importance to both consumers and investors, especially in a climate of shifting dynamics.

Slight shift as dollar reaches EGP 47.8 in major banks on Wednesday

The US dollar exchange rate declined against the Egyptian pound at major banks on Wednesday, reaching EGP 47.8 down from EGP 48 recorded on Sunday.

Finance Events

Seamless North Africa 02.07.2024

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