Egypt’s inflation rate reached 27 percent in October, driven by fuel and education costs, as central bank policies aim to ease pressures.
Egypt economy
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President Abdel Fattah al-Sisi warns that Egypt may reconsider its $8 billion IMF agreement due to rising economic challenges and public discontent.
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Egypt’s economic outlook is shifting towards optimism, with predictions of a significant growth spurt in the next fiscal year. The country’s efforts to address foreign currency shortages appear to be …
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South Africa is poised to reclaim its position as the continent’s biggest economy next year, according to the latest forecasts by the International Monetary Fund (IMF). The IMF’s World Economic …
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Waleed el-Degwy, an Egyptian plumber, couldn’t earn enough in Egypt’s Nile Delta region due to the country’s declining economy. He risked a treacherous journey to Europe via Libya to find …