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Egypt and China entered into three financial cooperation agreements on Thursday. The main topics of discussion included the creation of agreements to facilitate trade in local currencies and the ...
Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the ...
Cairo firms are expanding their M&A and capital markets teams to position themselves for high-stake mandates they expect out ...
Limited access to formal financial services has historically constrained inclusive growth and private sector development in Egypt. But a concerted drive from the government and the banking sector have ...
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 ...
The deals were announced during the visit by a senior Chinese delegation led by the country’s premier to Cairo this week.
Egypt left interest rates on hold, snapping two rounds of monetary easing, as caution about tensions in the region and the ...
Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation ...
CAIRO (Reuters) -Egypt's core inflation was 11.4% on an annual basis in June, down from 13.1% in May, the central bank said ...