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#certificates of deposit

Since the outbreak of the Russia-Ukraine war, Egyptians have been affected in multiple sectors. From lack of tourism to struggling with imports, the Egyptian economy, like many others around the globe, has been suffering from an economic crisis. To support the state and reduce the implications of the ongoing war on Egyptians, Egyptian banks have been releasing Certificates of Deposit (CD) with all-time high-interest rates to the public. The latest, were when Banque Misr and the National Bank of Egypt…