Egypt, IMF Sign Deal as Currency Slides to Record LowBy Abdulateef AhmedOctober 28, 2022 Egypt has secured a $3 billion loan deal with the International Monetary Fund conditioned on currency depreciation and further cuts to subsidies, the government said Thursday.…
Price of Bread in Egypt Surges Amid War in UkraineBy Babatunde OguntimehinMarch 7, 2022 The price of Bread in Egypt has increased by 50 per cent over the past two days, a week after Russia’s invasion into Ukraine. Local media…