Historic Surge in Egyptian Stock Market and Rise in Foreign Reserves, Says Economist

An economic expert has highlighted a significant upturn in Egypt’s financial landscape, noting a historic leap in the performance of the Egyptian stock exchange alongside a notable increase in foreign exchange reserves. These developments reflect growing investor confidence and improved macroeconomic stability. The stock market rally signals renewed optimism among domestic and international investors, driven by structural reforms and enhanced market liquidity. Concurrently, the rise in foreign reserves strengthens Egypt’s ability to meet external obligations and stabilize the national currency. Analysts attribute the positive momentum to recent policy measures aimed at economic stabilization, including currency flotation and fiscal discipline, which have gradually restored market trust. The improved financial indicators are expected to support further economic recovery and attract additional capital inflows in the coming months.
— news from المصري اليوم

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خبير اقتصادي: قفزة تاريخية في البورصة المصرية وارتفاع الاحتياطي الأجنبي المصري اليوم

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