Egypt
"Fitch" expects 300 basis points rise in upcoming meetings
Net profit increased to EGP 391.5 mn in Q2 2022
Shops and malls will have to limit their use of strong lights
Poorer countries scream foul, and China out of climate negotiations
"Deal in line with Egypt's plan to encourage FDI"
Inflation reached 13.6% in July, compared to 13.2% in June
To confront crises and emergencies in the country
Summit will be crucial to Africa’s response to climate change
2103 ships crossed from both directions in July
Capital Economics: Currency to drop to 21 pounds/dollar by end 2022
Central Bank offered purchase price of US dollar against EGP 19.01
New discovery may be 1 of 4 lost Ancient Egyptian “sun temples”
The Fund downgraded Egypt's real GDP forecast to 4.8%
Egypt, Saudi, and Turkey have shown interest in joining the group
The Egyptian army controls a large portion of the economy
Economy, GDP, boosted by utilities sector and mega construction projects
Nearly 600 keys are expected to be delivered by the end of this year
Pound reached a low of 18.91 pounds against the dollar
Prices of diesel supplied to the food and electricity industries were fixed
External support is required to avoid uncontrolled currency depreciation
