EGYPT
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Currencies
Egypt Devalues Currency to Record Low After Jumbo Rate Hike
(Bloomberg) — Egypt devalued its currency for the fourth time since early 2022, following a massive interest-rate hike by the…
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Commodities
Egyptian companies to implement transparent pricing for strategic food commodities
CAIRO – 29 February 2024: Starting from the first of March 2024, Egyptian companies engaged in the production of…
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Commodities
Egypt’s PM initiates gradual release plan for $1.3B goods in customs with focus on essential commodities, medicines
CAIRO – 25 February 2024: Egypt’s Prime Minister, Mostafa Madbouly, directs a plan to gradually release goods in customs,…
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Currencies
Chinese yuan gives US dollar a run for its money as African trade embraces other currencies
But it was in the southern nation of Zambia where BOC established its first African subsidiary, allowing customers to make…
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