Weddings vs. Honeymoons: Which One Would You Pick If You Had To?

Weddings vs. Honeymoons: Which One Would You Pick If You Had To?

  Given the current economic crisis Egypt is going through, many (personal) choices are being limited. One of the dilemmas that I constantly see my friends and the people around me face is choosing whether to throw a wedding or go on a honeymoon.   I do, yes, understand that some people have the luxury […]

The EGP Dilemma

There is only one way for the EGP to go and that is down. Egypt’s net international reserves (“NIR”) came in at USD 15.01 billion in December reaching a critical level that will not allow the Egyptian Government to support the EGP anymore. Egypt’s foreign exchange sources in its balance of payments (“BoP”) continue to […]