Commenting on the vvisit of Football Legend Lionel Messi to Egypt, the Egyptian people said, “We are ‘too poor’ to bear the costs of such visit,” which the government claimed it was a move to promote [ More … ]
Egypt’s Beltone Financial said that they expect the Central Bank of Egypt (CBE) will float the pound “within hours,” considering the al-Sisi’s recent meeting with the CBE governor as a “final political endorsement” of the decision. Beltone [ More … ]
Egypt’s annual inflation rate has recorded its highest level in at least seven years by the weakening of the currency and an increase in electricity prices, as reported by Bloomberg. The annual inflation has accelerated [ More … ]
The International Monetary Fund (IMF) arrived to Caro for a 14-day visit, during which time Egypt is expected to respond to IMF inquiries amid continued negotiations for a $12 billion loan. The visit is expected [ More … ]
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