Egypt
Overnight lending rate at 14.25% and deposit rate at 13.25%
And maintains electricity prices through June 2023
UAE investments in Egypt valued at $4.9 bn in 9 months
Egypt has abundant production of long-staple cotton varieties
Egypt's central bank is redesigning its currency trading system
Standard & Poor's confirms Egypt's rating at B with stable outlook
"The pace of the Egyptian pound's decline has already begun"
Country reveals three axes of economic reform prior to loan
Registering 15.3%, up from 14.6% in August
Final agreement may happen in coming days
CBE decided lately to keep key interest rates unchanged
First tranche of the offerings to be announced within four weeks
108 international agreements signed valued at $22 bn for gas excavation
Purchase branded unjustifiable in a time of economic turmoil
It approved increasing percentage of cash reserves that banks need to keep
Three yacht ports to be established from Suez Canal revenues
IMF: Negotiations with Egypt are in very advanced stages
