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Egypt, UAE sign currency swap agreement
The agreement will see Egypt exchange EGP 42 bn for AED 5 bn!_NewsLead_!
Hassan Abdalla to lead the central bank for another year
Abdalla has presided over sweeping policy changes including the EGP deval
Hungary wants more EU funding for Egypt to tackle migration
Shoukry was in Budapest yesterday to discuss economic ties, migration with the Hungarian foreign minister
Egypt, EU discuss joint skills initiative
The initiative would provide training to Egyptian workers
IMF wants to see progress on reforms before first loan review –Bloomberg. PLUS: Abdalla on inflation
Officials reportedly want to see privatization and a fully flexible exchange rate
Plenty of options on the table
CBE looks at proposals to help shore up FX liquidity: The Central Bank of Egypt (CBE) is mulling a handful…
THIS EVENING: The Central Bank of Egypt is looking at a lot of options to bring in FX + Protests in China over covid-zero trudge on
Good afternoon, wonderful people. We have a brisker news day to bring you than we did yesterday — plus your…
Egypt’s central bank goes for “durably flexible” float, snap rate hike as Cairo lands a USD 3 bn, 46-month IMF loan
Hello, friends. Remember how we suggested a few hours ago that today was set to be a slow news day…
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