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