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Tag: #Arab Monetary Fund

Egypt gets $616 million loan from Arab Monetary Fund

Egypt secures $616 million loan from Arab Monetary Fund

The financing deal seeks to augment Egypt’s payments infrastructure, promote financial inclusion and strengthen the regulatory framework

Egyptian pound plunges to record low against the US dollar

Egypt’s pound plunged further on Wednesday reaching a record low of 31.4 to the dollar as the North African country moved to a more...