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(Bloomberg) Kuwait-based retail franchise conglomerate Alshaya Group is curbing its operations in Egypt, citing “difficulties faced by overseas businesses” as the North African nation confronts its worst foreign-currency crunch in decades. Most Read from BloombergBlinken’s Return From Davos Was Delayed After Plane Broke DownApple to Sell Watches Without Oxygen Feature After Legal SetbackSingapore Minister Quits After Biggest Graft Case Since 1986Dimon Says China Risk-Reward Equation Has ‘Chan ....
Egypt Grapples With Impact of Red Sea Hits on Suez Canal Revenue bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Egyptian inflation slowed for the third month in a row and looks set to decelerate further unless authorities move to weaken the pound again in the coming weeks.Most Read from BloombergSEC’s X Account Hacked to Falsely Say Bitcoin ETF ApprovedAmazon’s Twitch to Cut 500 Employees, About 35% of StaffBottled Water Contains More Plastic Particles Than Previously ThoughtUS and Allies Met Secretly With Ukraine on Peace PlanConsumer prices in urban parts of the country grew an annual 33. ....