CBE Hikes Interest Rates by 200 Bps

• Thursday, 27th October 2022
• by Invest Gate

Egypt works on intensifying its reform agenda and maintaining sustainable growth.

Egypt’s Debt to Drop to 74% of GDP by FY 2022/23: IMF

• Monday, 8th April 2019
• by Invest Gate

The International Monetary Fund (IMF) said on April 6 that Egypt's total public debt is expected to continue shrinking to nearly 74% of the gross domestic product (GDP) by 2022/23, on the back of the implementatio ...

Egypt Among World’s Top 10 Economies by 2030: Standard Chartered

• Thursday, 10th January 2019
• by Invest Gate

UK-based bank Standard Chartered has expected Egypt to rank the 7th among the world's top ten economies by 2030 at a total gross domestic product (GDP) value of USD 8.2 trln.

Egypt To Lower Customs Exchange Rate To EGP 16 For September

• Tuesday, 29th August 2017
• by Farah Montasser

Egypt will lower its customs exchange rate to EGP16 per USD from 16.25, effective September 1, Finance Minister Amr El-Garhy told Reuters

Egypt Cuts Customs Exchange Rate to EGP 16.25

• Monday, 31st July 2017
• by Menna A. Farouk

Egypt is to lower its customs exchange rate to EGP 16.25 from EGP 16.50 for one month starting August 1, Reuters reports.