Egyptian economic news
WebMar 6, 2024 · cairo — As the Egyptian economy struggles against negative headwinds from many directions, some sectors appear to be performing well. Ordinary Egyptians … WebFeb 15, 2024 · Egypt’s pound plunges to new low as authorities try to stem currency crisis. Country has shifted to more flexible exchange rate as part of $3bn IMF rescue deal. …
Egyptian economic news
Did you know?
Web23 hours ago · Egypt’s President Abdel Fattah El Sisi received and greeted United Arab Emirates president Sheikh Mohamed bin Zayed al Nahyan, at Cairo International Airport on Wednesday, April 12. The two sides “explored opportunities to further strengthen the deep-rooted ties”, the Emirati leader tweeted. They also discussed sharing a common interest … WebApr 12, 2024 · Egyptian President Abdel Fattah al-Sisi on Wednesday welcomed his Emirati counterpart Sheikh Mohamed bin Zayed al Nahyan in Cairo, his latest meeting with a …
WebNov 2, 2024 · As the world arrives for COP27, Cairo is turning to the IMF as its economy falters. By Nosmot Gbadamosi, a multimedia journalist and the writer of Foreign Policy ’s weekly Africa Brief. A worker ... Web13 hours ago · The World Bank has revised down its forecasts for Egypt’s real GDP growth in FY2024/2024 and FY2024/2024 to four percent in each of these two fiscal years, down …
WebJan 11, 2024 · 11 Jan 2024. Egypt’s pound weakened by more than 13 percent to a new low below 32 to the US dollar on Wednesday, losing its value by half since March as the central bank moved to a more flexible ... WebJan 18, 2024 · Cairo, Egypt – The Egyptian economy is struggling. The national currency has lost nearly half its value in less than a year, reaching a historic low of 32 Egyptian …
WebJan 23, 2024 · Around the time Egypt’s currency hit an all-time low, an article this month on the country’s sharp economic downturn quietly slipped off the front page of one of its …
WebEgyptian economy news in a live feed, covering the latest headlines and updates on Egypt's economy. NewsNow aims to be the world's most accurate and comprehensive … atira rahmanWebMar 28, 2024 · Egypt has the potential to sell up to $7 billion worth of assets by 2024 as it seeks to boost foreign exchange liquidity and public finances, as well as narrow its financing gap. The country’s ... piosenki roxetteWeb2 days ago · Companies skeptical about Egypt’s push to ease industry ties. today. CAIRO (AP) — In Egypt, state-owned companies bottle water, make dry pasta and cement, and run gas stations and fish farms. Two of the most powerful economic players in the North African country have long been the government and military. For years, they have faced ... atira strata manager linkedin yearsWebJan 26, 2024 · Officially, inflation is running at 21%. The price of food is rising even faster. But official figures have not kept up with Egypt’s economic decline, so the reality is … piosenki smerfne hityWebApr 9, 2024 · The World Bank has revised its 2024 economic growth projection for the oil exporters of the six-member Gulf Cooperation Council (GCC) downwards to 3.2% in its latest update released on Thursday ... piosenki roksetWebJan 12, 2024 · CAIRO—Egypt plans to cut spending after the International Monetary Fund extended hundreds of millions of dollars in an economic bailout package, as the country struggles to pay off debts ... piosenki ssoWebHigh global food and fuel prices have had a big impact on Egypt's external accounts, pressuring the pound and fuelling inflation. This pushed the government into another IMF programme focusing on large scale … atira staff housing ahmedabad india