The Central Bank of Egypt raised its policy rate by 600 basis points to 27.25 percent. The bank also took the step of “shifting from a fixed exchange rate to a floating
The Central Bank of Egypt raised its policy rate by 600 basis points to 27.25 percent. The bank also took the step of “shifting from a fixed exchange rate to a floating
MorePresident Recep Tayyip Erdoğan made important statements at the joint press conference held after the bilateral and delegation talks with Egyptian President Abdulfettah al-Sisi. The two leaders signed the Joint Declaration on
MoreWhile Egypt is going through a difficult period due to the currency crisis, it took an important step last week to ease its financial burden. The Ras El-Hekma region, located about 350
MoreAhead of President Recep Tayyip Erdoğan’s planned visit to Cairo on February 14, Foreign Minister Hakan Fidan announced that Egypt would purchase armed unmanned aerial vehicles (UCAVs) from Turkey, raising questions about
MoreIn the early 19th century, the Ottoman Governor of Egypt, Kavalalı Mehmet Ali Pasha, first established waterway security and Ottoman sovereignty in the Red Sea, also known as the Sea of Alum,
MoreThe Washington Post reported that Israeli Prime Minister Binyamin Netanyahu asked US President Joe Biden to pressure Egypt to take some of Gaza’s population during its offensive after October 7. The Washington
MoreMore than three millennia after its abandonment, a team of archaeologists had been given permission to investigate – and they were looking for the royal tomb. After traversing wide corridors and narrow
MoreAs you would expect from felines, cats have thought long and hard about whether or not to jump into the arms of humans. According to a comprehensive study of the spread of
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