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Egypt, Turkey could normalize ties this year + New Lebanese government an “important step,” says Foreign Ministry
Egypt and Turkey may normalize their relationship before the end of the year if the two sides manage to overcome…
NBK Egypt to receive USD 25 mn from EBRD to fund green energy projects
The National Bank of Kuwait in Egypt (NBKE) is set to receive a USD 25 mn loan to fund green…
Inflation continues upwards trend in August, hitting 5.7%
Annual urban inflation hit its highest level in nine months in August on the back of rising food, fuel and…
Egypt can withstand a US taper, says Maait
Egypt should be able to cope if US interest rates rise as the Federal Reserve begins unwinding its covid stimulus…
Egyptian, Norwegian FMs discuss investment, Palestinian aid
Palestine, investment focus of Egypt-Norway talks: Foreign Minister Sameh Shoukry discussed the Israel-Palestine conflict and bilateral investment with his Norwegian…
FX reserves inch up in August
Egypt’s foreign currency reserves inched up by USD 62.9 mn in August, reaching USD 40.67 bn from USD 40.61 bn…
Can Egypt weather a taper tantrum 2.0?
Egypt’s world-beating real interest rate will help it weather an uptick in global rates, but the country faces some risk…
Egypt’s private sector is responding to rising inflation by buying. A lot.
Egypt’s non-oil private sector shrank again in August, but at a slower pace than in July: Business activity in Egypt’s…
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