Unknown Assailants Firebomb Arab League Headquarters
Unknown assailants attacked the Arab League headquarters in downtown Cairo late Tuesday evening, state-run media…
Egypt Struggles To Buy Oil As Currency Crisis Deepens
Egypt's currency crisis has intensified its oil supply troubles, as the weaker pound makes it more difficult for…
Egypt Must Convince People Of Need For IMF: Lagarde
Egypt's government must strongly endorse a $4.8 billion IMF loan agreement to its people as a step towards…
Qatar Offers Egypt $2.5 Bln To Prop Up Pound
Qatar threw Egypt an economic lifeline on Tuesday, announcing it had lent the country another $2 billion and…
IBIA To Hold On Sunday First Forum For Steel Industry
The International Business & Investment Association (IBIA), headed by Eng. Ahmed Galal EL Din, will hold on…
Zaher: Prices Rise Is Expected Soon Due To Dollar Hike
Mohsen Zaher, Chairman of Nile Company for Consumer Complexes, an affiliate of the Holding Company for Food…
25 Jan Should Be National Holiday; Misr Party
Waleed Abdel Moneim, official spokesperson for Misr Party (Egypt Party), said the party will submit a proposal to…
EGX 30 Climbs 1.23%, Ends Above 5800 Pts Backed By Arab Buyers
The Egyptian Exchange (EGX) has doubled its early gains to EGP 2.31billion during Tuesday’s closing session. The…
U.S. Dollar Hits EGP 6.51 Against Pound Driven By CBE’s Auctions
Exchange market experts said the U.S. dollar hiked during Tuesday’s trading by 3 piasters to EGP 6.4819 (buy price)…
Analysis: Egypt’s Currency Crisis Hinges on Household Dollars
The key to preventing a messy devaluation of Egypt's pound may lie with the country's households, whose dollar…
