Egyptian currency plunges to 8-month low ahead of IMF review conclusion
The Egyptian pound has fallen to its lowest level in eight months, driven by surging demand for the local currency
At the conclusion of the four-day China-Africa Cooperation Forum which focused on economic cooperation and global development, Libya raised its diplomatic and economic ties with China to a strategic partnership, signing an economic partnership agreement with China to boost cooperation in trade, investment, industrialization, and agricultural modernization. In a joint statement, the participants emphasized a commitment to deeper strategic coordination under the Global Development Initiative.
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