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Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the ...
Egypt – the most populous Arab nation, with 107 million people – was inching close to insolvency early this year, with a shortage of foreign currency, inflation near 40 per cent and a currency ...
Egypt's headline inflation rate dropped dramatically last month to 12.8 per cent, down from 24 per cent in January, as the country carries out several reforms amid efforts to stabilise its economy.
The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...
Prime Minister Mostafa Madbouli said many international institutions have praised Egypt’s economic resilience, noting that ...
Egypt has received direct messages from Washington linking continued economic support to willingness to cooperate more ...
Okay, it is still only on a par with Egypt and Suriname. But the credit ratings agency Moody’s this week gave Argentina its ...
INTERVIEW: Egypt recovery hinges on inflation, debt control and investment: WB's MENA chief economist ...
The UNECA boss Gatete said steep currency depreciation, inflation and widening current account deficits have deepened the ...
A floating exchange rate and international support have helped draw billions of dollars back into Egypt’s economy. Now the banking industry hopes to see reforms to create a more dynamic private sector ...
Egypts non-oil private sector saw a continued downturn in June, with business conditions deteriorating for the fourth ...