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Tag: FINANCE

Egypt’s Net Foreign Assets Jump to a Record $18.5 Billion in July
AFRICABUSINESSFINANCEMENA

Egypt’s Net Foreign Assets Jump to a Record $18.5 Billion in July

Egypt’s net foreign assets rose by $3.54 billion in July to a record $18.5 billion, central bank data showed, as Gulf investments, a currency devaluation…

September 3, 2025
Developing Countries Swapping Out of Dollar Debt
AFRICABUSINESSFINANCEINTERNATIONALMENAPOLITICS

Developing Countries Swapping Out of Dollar Debt

Developing countries are moving out of dollar debts and turning to currencies with rock bottom interest rates such as the Chinese renminbi and Swiss franc,…

September 3, 2025

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