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Egypt Economy

Egypt boosts trade with UAE in $1.4 billion currency swap deal

Egypt and the United Arab Emirates have signed a local-currency swap agreement worth approximately $1.4 billion in an effort to alleviate Egypt's economic crisis. The...

Egypt inflation skyrockets with a record-breaking 40% increase

Egypt's economy is facing a dire situation as inflation rates skyrocket with a record-breaking 40% increase. This alarming figure comes just months after the...

Will Egypt’s entry into the BRICS alliance ignite foreign investment?

Egypt's inclusion in the BRICS allianceĀ of developing nations has sparked hopes of easing its shortage of foreign currency and attracting new investment. However, analysts caution...

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