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U.S. Dollar Hikes To Ten-Year High Against Egyptian Pound
The U.S. Dollar is trading on Thursday at the highest levels against the Egyptian Pound in almost 10 years. The…
Egyptian Pound Falls To Eight-Year Low After S&P Rating Cut
Currency loses 0.1% to 6.1785 at 12:03pm in Cairo, heading for lowest close since Dec. 2008, according to prices…
Centamin Likely To Resume Operations In Sukari Mine In Days
Egypt’s largest gold producer, the Australia-based Centamin PLC, said it expected operations at its mine to restart…
CBE Likely To Intervene As Dollar Sets New Record Against Egyptian Pound
The U.S. Dollar is trading on Thursday at the highest levels against the Egyptian Pound in 9 years. The Egyptian…
Egypt Imposes 6.8% Precautionary Fees For Imported Iron
Egypt’s Minister of Industry and Foreign Trade Hatem Saleh has issued a decree in regard to impose precautionary…
Dana Petroleum Brings New Egypt Wells Into Production
Oil firm Dana Petroleum is bringing new wells into production in Egypt, after a successful drilling campaign. The…
Centamin’s Sukari Gold Mine Operates Normally: Al-Raghy
Centamin Plc (LSE:CEY)’s Sukari Gold Mine in Egypt is operating as normal as the company prepares to appeal…
Egypt To Issue 10 Tenders For Gold Explorers In January
Fikri Youssef, Chairman of the Egyptian Mineral Resources Authority (EMRA), said on Monday the authority will be…
Iran Plans New Currency
The Central Bank of Iran is planning to introduce a second official currency exchange rate for imports, Mehr news…
Egypt To Import Gas From Algeria, In Talks With Qatar
Egypt, a gas producer and exporter, has agreed to import Algerian gas but is still discussing amounts, the prime…
