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IMF Boss: Supporting Egyptian Currency Akin to ‘Putting Water in a Bucket That Has Holes’

IMF Boss: Supporting Egyptian Currency Akin to ‘Putting Water in a Bucket That Has Holes’

Kristalina Georgieva, the International Monetary Fund (IMF)’s managing director, has said Egypt needs to plug leakages of foreign reserves if it wishe...

Egypt Applies for BRICS Membership, Seeks Trade in National Currencies

Egypt Applies for BRICS Membership, Seeks Trade in National Currencies

Egypt has filed an application to join the BRICS bloc, Russia’s ambassador to the Arab nation confirmed. The government in Cairo is interested in usin...

Egypt officially applies to be a part of the BRICS

Egypt officially applies to be a part of the BRICS

Elevating its economic status on the world stage, Egypt has formally expressed its intention to be incorporated into the BRICS alliance. The applicati...

BRICS Alliance Set for an Egyptian Twist: Cairo Submits Membership Application

BRICS Alliance Set for an Egyptian Twist: Cairo Submits Membership Application

Breaking ground on a bold new venture, Egypt has officially applied to join the powerful BRICS alliance. Georgy Borisenko, the

Egypt joins BRICS in shifting away from US Dollar in trade settlements

Egypt joins BRICS in shifting away from US Dollar in trade settlements

Egypt has made a significant move in its trade practices by abandoning the US dollar in transactions with the BRICS economic bloc. The country aims to...


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