The Arab Republic of Egypt has announced the publication of a Base Offering Circular related to a U.S. $40 billion Global Medium Term Note Program. The document, dated today, details the framework ...
The Egyptian government is set to borrow EGP 1.983trn from the local market during the first quarter of 2025 to meet previous debt obligations and finance the state’s budget deficit. According to a ...
LONDON - J.P. Morgan Securities PLC has announced its role as the Stabilisation Coordinator for the Arab Republic of Egypt's latest bond issuance, signaling the potential use of stabilization measures ...
CAIRO, Dec 5 (Reuters) – The Egyptian pound weakened to close at 50.0024 to the dollar, having breached the 50 pound psychological barrier for the first time since March, Egypt’s central bank ...
Inflation began climbing precipitously in early 2022 following the Russian invasion of Ukraine, which prompted foreign investors to withdraw billions of dollars from Egyptian treasury markets.