Hours before announcement of agreement, central bank hikes key interest rates by 2%, implements more flexible exchange rate system, as Cairo commits to initiate reforms
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
Egypt s prime minister on Wednesday announced a 300-pound ($15.20) increase in the minimum monthly wage, as average Egyptians suffer from soaring prices in recent months.