Tag Archives: Egyptian Economy

This Week in Egypt: Week 17-2023 ( 24-30 April)

Top Headlines Egyptian embassy staff member was killed in Khartoum, Egypt relocates its diplomatic mission  Thousands of Sudanese families cross into Egypt to flee fighting Egypt struggles to lure Gulf buyers in state asset sell-off Fitch Solutions raises its forecast … Continue reading →

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This Week in Egypt: Week 6-2023 ( Feb 6-12)

Top Headlines Egypt’s inflation continues to surge as food prices rise Moody’s downgrades Egypt’s credit rating from B2 to B3 32 Egyptian state companies’ shares to be sold within a year Egypt offers condolences, aid to quake-hit Turkiye and, Syria; … Continue reading →

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This Week in Egypt: Week 3-2023 ( Jan 16-22)

Top Headlines Egypt vows to cut military’s outsized role in economy under IMF bailout Egyptian banks’ regulatory capital ratios can withstand further Egyptian pound depreciation, Fitch Ratings says Businessman Safwan Thabet, who faced accusations of funding “terrorist entities”, was released … Continue reading →

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This week in Egypt: Week 24-2018 ( June 11-17)

Top Headlines Egypt replaces Minsters of Interior and Defence in a surprise move Fuel, cooking gas prices, and public transport surge In Egypt Sisi calls on Egyptians to endure challenges on back of fresh subsidy cuts  Suez canal reports record … Continue reading →

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Egyptian Aak 2017- Week 20 (May 15-21)

Top Headlines Trump praises Sisi, says he hopes to visit Egypt Sisi: Timing not right to declare my stance on 2018 presidential elections In surprise move, Egypt central bank hikes key interests rate Egypt refers 48 to court in connection … Continue reading →

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Egyptian Aak 2016- Week 6: Feb 6-12

Top Headlines Egyptian pound strengthens as foreign investors return Egypt shows early signs of economic turnaround Police seals shut Al-Nadeem Centre for victims of violence and torture Egypt’s Al-Azhar entirely rejects proposal to end verbal divorce Denmark, Finland, Sweden, Norway remove travel … Continue reading →

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Egyptian Aak 2016- Week 44 ( Oct31-Nov 6)

Top Headlines Egypt allows its currency to float freely, meeting key IMF demand OIC secretary general resigns following criticism after he mocked the Egyptian president Egyptian army brigadier general shot dead in North Sinai A car bomb in Cairo unsuccessfully … Continue reading →

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Egyptian Aak 2015 – Week 41 (Oct 5-11)

Top Headlines Egypt’s net international reserves dropped for the third month in a row in September to $16.3 billion. (Wednesday) Electoral Commission to ban will ban women from wearing face veil while casting their ballots. (Thursday) Egypt signs deal for … Continue reading →

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