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The bigger chunk of the increase, $13.2 billion, is the result of an increase in debt-servicing costs over the past year, including paid installments of $11.1 billion and interest payments of $2.1 billion. (Shutterstock)
November 5th, 2018 - 08:30 GMT

Egypt's Foreign Debt to Reach $98.863 Billion by End of Fiscal Year

Egypt’s foreign debt reached $92.6 billion by the end of June, recording “an increase of $13.6 billion, or 17.2 per cent, on the end of June 2017,” according to the monthly report published a few days ago by the Central Bank of Egypt (CBE).
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Defining the best investment depends on the kind of yield sought. Some people aim for quick profits, while others make investments that should give yields in the longer term. (Shutterstock)
September 2nd, 2018 - 11:30 GMT

The Best Investment Options in Egypt

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