Egypt has raised $1 billion after reviving its global sukuk programme amid the ongoing regional uncertainty. The three-year sukuk was fully subscribed by sharia-compliant Kuwait Finance House through ...

Sources confirmed to Egypt Today that the production of the new currency will be carried out with the latest currency production lines in the world and with the latest insurance specifications at the ...

The strength of the pound against most other currencies has boosted Brits' spending power when they head abroad this summer, ...

Egypt has devalued the pound by 49% since January 2022, but the currency remains overvalued, with 12-month forward rates trading above EGP/USD 40, or about 23% weaker than the official rate of EGP ...

The pursuit of cosmetic enhancement can be traced back as far as Ancient Egypt, reminding us ... of whether she should spend so much money on such a cause. As long as gender inequality persists and ...

Kris Jenner’s ‘new’ face sparked myriad headlines about how she can look so good at 69. It’s the latest iteration of our obsession with people who appear ageless.

Recently, the Egyptian Cabinet addressed rumors regarding the Central Bank of Egypt’s (CBE) alleged decision to stop printing polymer (plastic) banknotes for the EGP 10 and EGP 20 denominations. The ...

The Egyptian pound is sliding against foreign currencies, inching nearer to 50 per U.S. dollar after a recent hike in subway fares and fuel prices. The currency reached 49.16 to the U.S. dollar ...

George Soros famously earned $1 billion betting against the British pound in the early 1990s, predicting that the English central bank would devalue its money compared to other European currencies ...

Egypt’s government has historically followed a currency devaluation with a fixed exchange rate. Funds from the $3 billion December 2022 IMF loan package were never disbursed because the central bank ...