Emirates NBD to Acquire Stake in Egypt’s Banque du Caire: Reports https://www.byteseu.com/834731/ #BanqueDuCaire #BanqueMisr #Egypt #EgyptEconomy #EgyptImf #Featured #IMF #News

Egypt’s Chemical Industry Plans for Expansion https://www.byteseu.com/819915/ #business #ChemicalIndustry #Chemicals #economy #Egypt #EgyptEconomy #Exports #Featured #Imports #petroleum

Egypt strikes an $8 billion agreement with the International Monetary Fund and secures an additional $1.2 billion for environmental sustainability.

This follows a significant currency devaluation and a 600 basis point interest rate increase.