The Central Bank of Egypt on Thursday moved to fix the base interest rate at its eighth and final meeting during 2023, according to a statement from the Monetary Policy Committee
Cairo, Apr 06 (IPS) - Egypt intends to sell shares in 32 state-owned businesses within a year, including three banks, two military-owned businesses, and numerous businesses in the energy and transportation sectors. This is part of the administration s efforts to reduce the role of the state in the economy and attract foreign capital.