Weather New York, NY +63°F

Bank of Egypt

EGYPT-FRANCE-DIPLOMACY

Egypt Unveils Special Economic Program To Attract Foreign Investment

Last week, the Bank of Egypt has increased its benchmark rates following a devaluation of local currency by 10%. The moves are believed to be parts of measures taken by the government to address the shortage in foreign currency reserves. Now, the Egyptian government has announced on Sunday a new special program to secure foreign aid and investments.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics