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Egypt set target to reduce external debt by $2B annually

Looking ahead, the minister expressed optimism about a significant decline in inflation rates and financing costs in 2025.

A US State Department document has revealed that the Biden administration will divert $95 million in military aid allocated to Egypt to Lebanon.

The rise continued a steady trend for NIRs in recent months, increasing from $46.94 billion in October to $46.95 billion by the end of November.

The Financial Regulatory Authority (FRA) has approved a new measure allowing youths aged 15, instead of the previous 16-21, to trade.

Egypt is set to receive a $1.2 billion disbursement from the International Monetary Fund (IMF) in January as part of its $8 billion programme.

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