According to financial statements released by Bank Audi, the bank’s Egyptian subsidiary recorded a 45.79% drop in net profits to $57.92 million. The Read More
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MENA in a Glimpse
Egypt: Torn Between Boosting Foreign Reserves and Bearing the Burdens of Lower Pound
No economic progress was recorded when it comes to Egypt during the second quarter of 2016. The country kept on suffering from draining Read More
Weak oil prices and political climate continued to dictate economic performance in the MENA region during the first quarter of 2016. Despite the Read More
MENA in a Glimpse
Relieving Foreign Reserves’ Shortage through Currency Devaluation Catches the Spotlight in Q1 2016
Egypt inaugurated 2016 with a bunch of new economic decisions and international deals topped by the Central Bank of Egypt’s (CBE) new Read More
