Every year, millions of donated food boxes, known as "Ramadan cartons," are distributed across Egypt throughout the month, circulated from individuals to small charitable organizations to large entities, including government…
Egypt will be getting another US$5 billion in loans from the International Monetary Fund as an increase to the 2022 $3 billion loan, IMF representative in Egypt Ivanna Vladkova Hollar…
Mada Masr explores the impacts of the anticipated devaluation on market prices and external debt.
Egypt is struggling to make progress on IMF recommendations amid a dollar crunch
The International Monetary Fund (IMF) announced on Tuesday that Egypt passed its fourth review as part of its ongoing US$8 billion loan…
The EDA approved price increases after increased requests from pharmaceutical companies
Around US$2.5 billion worth of imported goods were still stuck in the ports on Wednesday, a government official told the press, weeks…
After months of speculation, the Egyptian pound was allowed to float on Wednesday morning.
Govt cut state spending on investments, announced LE180 billion social support package.
"Management is exploiting the declining economic situation in Egypt"
«The basics of keeping civil servants happy are being largely overlooked»
«Of all the people in the office, Maysara was probably the most afflicted by boredom. Everyone else spent their days passionately staring at computer screens that…»
«The Egyptian pound is likely to continue to decline in value, and indeed needs to accelerate its decline to reach its real market value. Investment Minister…»
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