Egypt In-Focus – Egypt to offer the country’s assets in either US Dollars or Egyptian Pound 

RIYADH: Egypt will agree with investors on a case-by-case basis regarding the valuation of assets offered for sale to be in either US Dollars or Egyptian Pound, according to Bloomberg. 

The choice of currency emerges as a huge barrier for Egypt as the country attempts to secure foreign exchange from its Gulf allies to support the economy that is heading toward crisis due to the Russian invasion of Ukraine.