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Egypt, UAE sign currency swap agreement
The agreement will see Egypt exchange EGP 42 bn for AED 5 bn!_NewsLead_!
Global trade suffers biggest slump since covid as rate hikes bite
Trade volumes fell 3.2% y-o-y in June, according to new figures
El Sisi and the election dominate the airwaves
Did someone say there’s an election on? Last night’s talk shows featured wall-to-wall coverage of President Abdel Fattah El Sisi’s…
The road to the IMF review
The election is complicating the review, and is leaving little time for it to be completed before next year
Surviving Nuclear Winter: What’s the state of funding in Egypt?
Uncertainty has created a challenging environment for firms looking for funding — and for those looking to deploy capital
Just when emerging markets thought they had beaten inflation…
Oil prices have surged 30% over the past three months
Investors can now trade t-bills in the local market
Traders bought and sold EGP 33.9 bn worth of t-bills during the opening session
Central Bank of Egypt holds interest rates steady
The central bank will continue to assess the impact of previous rate hikes, it said following Thursday's meeting
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