Egyptian expats criticise campaign to help ailing economy ...Kuwait

The New Arab - News

Egyptian expatriates are torn over participating in a campaign recently launched to send money to their country to help its ailing economy amid a currency crisis and rising inflation, citing reasons for their cynicism. The "Be Positive" initiative launched by Egyptians living abroad - estimated to be over 10 million - asks each person to send $200 to support the economy in Egypt, where citizens are reeling under a cost-of-living crisis as the pound (EGP) plummets. It reached new lows to over 30 EGP to the dollar earlier this week. In October last year, the Central Bank of Egypt implemented an exchange rate flexibility, allowing the pound's value to be regulated by mark

Hence then, the article about egyptian expats criticise campaign to help ailing economy was published today ( Sunday 15/01/2023 - 04:12 PM ) and is available on The New Arab ( Kuwait ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Egyptian expats criticise campaign to help ailing economy )

Last updated : 15 January 2023 clock 04:12 PM

Also on site :

Egyptian expats criticise campaign to help ailing economy ...Kuwait

A MAGA Judge’s Shocking Power Grab Crosses Over Into an Impeachable Offense

US sanctions Iran currency exchange house, 19 vessels

Andrej Karpathy Lands at Anthropic Amid AI Research Arms Race .. PYMNTS.com

'Y'all Are Sick In the Head!' Inject This Chicago Lady's Speech to Cook County Pols INTO OUR VEINS

Northeast Heat Wave is Once-in-a-Century Event as Millions Told Stay Inside

Southampton expelled from world’s most lucrative football match for spying

‘Star Trek’ Comics Are Joining the 60th Anniversary Party

Eastern Conference Finals Livestream 2026: Here’s Where to Watch Cleveland Cavs vs. New York Knicks Live Online

Finger Lakes Community College hosting all-day AI conference in June to explore workplace changes

Tom Brady’s Production Company Launches Celebrity Trivia-Based YouTube Show ‘Chasers’ (EXCLUSIVE)

Who Won ‘Jeopardy’ Today? (May 19, 2026) Plus, the Final Jeopardy Answer

NASA’s Psyche Mission Aces Mars Flyby, Targets Metal-Rich Asteroid

Bebe Rexha & Faithless’ ‘New Religion’ Hits No. 1 on WARM Global Dance Radio Chart

Microsoft 365 Copilot Deployments Risk Scaling Inconsistency Instead of Value, Says Info-Tech Research Group

A man died after getting stuck at the bottom of an MBTA escalator. Authorities are still investigating.