The Egyptian government said on Wednesday that it had received $14 billion in the second round of finance from the $35 billion Ras El-Hekma development agreement. Procedures have started to …
Ras El Hekma Deal
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Egyptian President Abdel Fattah al-Sisi recently signed a decree to establish a new international airport in Matrouh Governorate in the northwestern part of the country. This move aims to boost …
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On Friday, non-deliverable 12-month USD against Egyptian pound futures contracts dropped following the signing of the “Ras El Hekma” agreement. The 12-month non-deliverable Egyptian pound futures contracts traded at 57 …