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Deutsche Bank expects EGP to devalue by 20% soon

Strategists at Deutsche Bank forecast a 20% devaluation to the Egyptian pound in the short term.

Updated 2/4/2024 12:00:00 PM
Egypt secures $500M in new development funding for health, education projects

Ministry of Finance has secured $500 million in financing from Deutsche Bank, Bahrain-based bank ABC, and Kuwait-based Arab Investment and Export Credit Guarantee Corporation (Dhaman).

Updated 11/13/2023 1:40:00 AM
Deutsche Bank says 4th EGP devaluation unlikely to resolve Egypt’s economic challenges

Deutsche Bank says that a fourth devaluation of the Egyptian pound is unlikely to resolve the country’s economic challenges.

Updated 6/20/2023 1:22:00 AM