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Money
Foreign investment in Egyptian securities jumps to $18.8bn in October
Foreign investment in Egyptian securities rose to $18.8 billion in October, a year after the central bank floated…
Bitcoin blasts to new all-time high of $6,450
Bitcoin climbed to a new all-time high of $6,450 on Wednesday, boosted by bets the cryptocurrency could enter the…
Egyptian banks’ foreign reserves rose by $10 billion since currency float: Amer
Egyptian banks’ foreign exchange reserves have risen by $10 billion since Egypt took the dramatic step of floating…
Delta Insurance posts 168 million pounds in foreign currency surplus in June
Egypt’s Delta Insurance Company says it has had 168 million Egyptian pounds ($9.5 million) in foreign currency…
Egypt imports foods worth $12 billion a year – c.bank governor
Egypt imports between $10 billion and $12 billion in foods a year, including $6 billion in wheat, oils, and corn,…
Bitcoin surges to record above $6,400 after CME announces launch of futures for digital…
CME announced Tuesday it plans to launch bitcoin futures in the fourth quarter, pending regulatory review. Bitcoin…
Egypt’s Faisal Islamic Bank lining up for capital increase to $366.8 million
Egyptian Exchange approved Wednesday to list Faisal Islamic Bank's issued and paid-up capital increase to $366.8…
Egypt’s financial situation stronger now than before 2010: CBE governor
Central Bank of Egypt Governor Tarek Amer said on Tuesday that Egypt’s financial status is currently stronger…
Egypt to keep customs exchange rate at 16 pounds in November
Egypt will keep its customs exchange rate unchanged at 16 pounds per dollar for November, the finance ministry said…
Mashreq Bank inaugurates new branch in Egypt’s Heliopolis
Mashreq Bank Egypt announced Tuesday the inauguration of its new branch in 103 Al-Thawra St, Heliopolis within the…