With a 12-month waiting period for re-inclusion, the next anticipated step involves JPMorgan potentially placing Egypt on its watchlist in the first half of 2025.
The largest surge of inflows, approximately $40.5 billion, was recorded in the second half of the fiscal year, mainly due to the execution of the Ras El Hekma agreement valued at $35 billion
Egypt’s dollar-denominated notes due in 2047 were trading above 80 cents on the dollar as of Friday, the highest level since 2022, according to data compiled by the international news outlet
Top Egyptian officials and international leaders meet to explore key investment opportunities and economic collaboration.
Egypt and France expand cooperation with major development projects across key sectors.
