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The economy is on track to recover in 2025, says PM
Bigger subsidies and higher interest rates weighed on the country’s debt burden, according to Madbouly
Gov’t is repricing services as it aims to meet IMF loan conditions, senior official says
The recent increase in the prices of various services will help ease the burden off the government’s already strained budget.
Egypt’s net foreign liabilities improve slightly in November
The country’s net foreign deficit shrank to USD 27 bn in November
2024 is already shaping up to be an expensive year as Egyptian regulators allow new price hikes
Mobile phone plans are being increased by up to 16%
CBE holds interest rates steady for third consecutive meeting
The central bank expects a further decline in growth during the current fiscal year followed by a gradual recovery
Bad news in the Red Sea
Egypt faces mns in lost FX receipts — and businesses and consumers around the world will stare at spiraling prices
The decades-long correlation between fashion and the economy
The fashion industry is looking for 2-4% growth next year
GERD deadlock in the foreign press
The international press is focused on our Nile deadlock with Ethiopia this morning, after a fourth round of negotiations between…
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