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Analysis: The EU's big bet on Egypt comes with a high price and high risks
Euronews via Yahoo News· 2 months agoThe European Union over the weekend signed a €7.4 billion "comprehensive partnership" with Egypt, a...
Egypt raises interest rates as it battles spiraling inflation and households struggle to keep up
Associated Press via Yahoo News· 9 months agoEgypt’s Central Bank is hiking interest rates as the cash-strapped North African country continues to battle surging inflation and a depreciating currency. Egyptians, particularly working class ...
The backstory of the NJ businessman who admitted to bribing Sen. Bob Menendez with a new Mercedes
USA TODAY via Yahoo News· 6 hours agoIt’s one of the more startling accusations in the federal bribery case against Sen. Bob Menendez —...
Egypt's inflation surges on amid currency's dramatic slide
Associated Press via Yahoo News· 1 year agoEgypt continues to battle surging inflation amid a dramatic slide of its currency as many Egyptians...
Egypt's president Abdel Fattah El-Sissi wins third term in office
Euronews via Yahoo News· 5 months agoEl-Sissi, whohas ruled with an unquestioned grip for the past nine years, ran against three...
S&P cuts Egypt's rating to 'B-' from 'B'
Reuters via Yahoo Finance· 7 months agoOct 20 (Reuters) - Global ratings agency S&P on Friday downgraded Egypt's sovereign rating to 'B-' from 'B' , citing the country's mounting funding pressures. (Reporting by Sri Hari N S in Bengaluru; Editing by Shailesh Kuber)
UPDATE 1-S&P pushes Egypt's rating deeper into junk amid funding pressures
Reuters via Yahoo Finance· 7 months agoGlobal ratings agency S&P on Friday downgraded Egypt's long-term sovereign credit rating by one notch to "B-" , citing the country's mounting funding pressures. Egypt is battling an economic ...
Companies skeptical about Egypt's push to ease industry ties
AP Finance via Yahoo Finance· 1 year agoIn Egypt, state-owned companies bottle water, make dry pasta and cement, and run gas stations and...
UPDATE 3-Egypt's headline inflation rate increased to 32.7% in March
Reuters via Yahoo Finance· 1 year agoEgypt's annual urban consumer inflation rate in March climbed to 32.7% year-on-year, just shy of an all-time record, from 31.9% in February, data from the country's statistics agency CAPMAS ...
Analysis-Egypt's stumbling economy faces new pressures from Gaza crisis
Reuters via AOL· 6 months agoEgypt's struggling economy faces new risks as the war in the neighbouring Gaza Strip threatens to...
