Financial Markets January 6, 2025Egypt’s Non-Oil Private Sector Continues to Contract Recent data from S&P Global revealed that Egypt’s non-oil private sector continued to contract in December 2024, with production and new orders declining at the fastest rate in…
Financial Markets December 13, 2024Goldman Sachs Forecasts Egyptian Pound to Strengthen Against USD Goldman Sachs has forecast that the Egyptian pound will rise against the US dollar by early 2025, driven by a decline in the wave of “hot…
Financial Markets December 8, 2024US Dollar Surges Past 50 EGP Mark in Egypt The US dollar has seen a significant jump in Egypt, surpassing the 50 EGP mark for the first time. It reached 50.27 EGP for sale in…