Egypt’s net international reserves hit 35.173 billion USD in November
Egypt’s net international reserves hit 35.173 billion USD in November. Egypt’s net international reserves (NIR) rose to 35.173 billion USD at the end of…
Schneider Electric, Paragon cooperate to promote real estate sustainability in Egypt
Schneider Electric, Paragon cooperate to promote real estate sustainability in Egypt. The MoU covers providing smart sustainable building solutions to Paragon Developments’ administrative buildings;…
Egypt’s non-oil private sector sees softer contraction in November
Egypt’s non-oil private sector sees softer contraction in November. Egypt’s non-oil private sector businesses saw a modest drop in operating conditions in November, as…
Egypt’s External Debt Reaches $164.7 Billion, Up 5.8% YoY
Egypt’s External Debt Reaches $164.7 Billion, Up 5.8% YoY The Central Bank of Egypt has reported that the country’s external debt reached $164.7 billion…
Chinese borrowers default in record numbers as economic crisis deepens
New central bank projections out on Thursday see us spending at least 42.3 billion USD on foreign debt repayments in 2024
New central bank projections out on Thursday see us spending at least 42.3 billion USD on foreign debt repayments in 2024. Egypt will have…
UAE renews a 1 billion USD deposit with the Central Bank of Egypt (CBE) for a period of 3 year
UAE renews a 1 billion USD deposit with the Central Bank of Egypt (CBE) for a period of 3 year. Egypt received strong support…
Egypt to sell subsidized bread for non-ration cardholders by January
Egypt to sell subsidized bread for non-ration cardholders by January. Egypt will start selling subsidized bread to non-ration cardholders starting next January, Abdullah Ghorab,…
Egypt’s efforts to extend the truce in Gaza are leading the conversation in the foreign press
Egypt’s efforts to extend the truce in Gaza are leading the conversation in the foreign press. Hamas and Israel have agreed to extend the…
