Egypt close to $7bn a year support deal with IMFEgypt said on Tuesday it was close to agreeing an International Monetary Fund (IMF) lending programme to ease its funding gap and restore market stability and was seeking to secure $7 billion annually over three years. Prime Minis More… |
ENBD Egypt suspends credit, debit card use abroadEmirates NBD Egypt said it was suspending use of debit and credit cards abroad, a control intended to keep hard currency inside the bank as Egypt endures a crippling forex shortage. Egypt has suffered from More… |