Monthly Archives: October 2022

This Week in Egypt: Week 42-2022 ( Oct 24- 30)

Top Headlines Egypt reaches $3bn IMF loan deal after agreeing to float currency Egyptian pound dives after shift to flexible currency and IMF deal British PM Rishi Sunak will not attend climate summit COP 27 in Egypt next month Egypt … Continue reading →

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This Week in Egypt: Week 41-2022 ( Oct 17-23)

Top Headlines US senator blocks $75m military aid to Egypt over human rights concerns Egypt’s Sisi: Maritime border deal, with Greece and Cyprus, kept Egypt from going dark Egypt’s currency seen falling faster than previous projections Russian referendums strain Egypt-Ukraine … Continue reading →

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This Week in Egypt: Week 40-2022 ( Oct 10-16)

Top Headlines IMF chief Georgieva says ‘big policy issues’ resolved in talks with Egypt  Fitch Solutions upgrades its projections for Egypt’s GDP growth by 0.36% in 2022, expects EGP to further weaken Egypt restricts dollar withdrawals amid liquidity crunch Inflation … Continue reading →

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This Week in Egypt: Week 39-2022 ( Oct 3-9)

Top Headlines Joe Biden and Liz Truss will attend the UN’s climate change summit COP 27 in Egypt Egypt freezes Russian MIR payments to avoid US sanctions  Greek FM in Egypt for talks after Turkey’s deals with Libya Egypt persuades … Continue reading →

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This Week in Egypt: Week 38-2022 ( Sept 26- Oct 2)

Top Headlines King Charles abandons plans to attend Cop27 Influential Sunni Islamist cleric Yusuf al-Qaradawi dies aged 96 Egypt’s net foreign assets resume decline in August  Egypt’s import squeeze hobbles economy as dollars run short The Egyptian hosts of COP … Continue reading →

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