Egyptian President Abdel Fattah El-Sisi has issued a presidential decree renewing the appointment of Hassan Abdalla as Acting Governor of the Central Bank of Egypt (CBE) for an additional one-year …
Monetary Policy
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Egypt has significantly tightened its monetary policy in response to an economic crisis, implementing measures outlined in an $8 billion International Monetary Fund (IMF) financial support package signed in March. …
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News
Egypt Clears Essential Goods Backlog, Eyes Release of Luxury Items as Foreign Currency Improves
Egyptian authorities have successfully cleared a backlog of essential goods at the country’s ports. This move ensures the prompt release of critical commodities like food, medicine, and production materials. The …