The Cabinet’s Information and Decision Support Center (IDSC) published a report featuring infographics highlighting that the pound has achieved its strongest performance against the dollar since the beginning of the year.
It’s a sign of greater flexibility for the pound, which saw long periods of stability after authorities in March enacted their fourth devaluation since early 2022, reported Bloomberg citing the investment giant.
Egypt's Commodity Exchange has marked a significant milestone, achieving EGP 21 billion in trades since its inception in November 2022.
President of Egyptian Real Estate Council, lauds recent economic measures by highlighting their positive impact on market stability.
Abu El-Naga affirmed the diversified nature of the Egyptian economy, capable of attracting foreign direct investments through upcoming measures.
