CBE Hikes Interest Rates by 200 Bps

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

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

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

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

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

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