15.2% inflation drop within FY2017/18 expected in Egypt
Egypt expects to see inflation fall to an average of 15.2 percent during the financial year 2017/2018, deputy…
Browsing Tag
currency
Foreign direct investment in Egypt rises to $6.8bn during 2015/16
The net foreign direct investment in Egypt during the financial year 2015/2016 reached $6.8 billion, said…
Suez Canal’s revenues falls to $375.8 mln in Egypt last month
Egypt's revenues from Suez Canal trade recorded a three-year low in February 2017, registering $375.8 million,…
Egypt’s banks cleared to repatriate foreign firms’ long-held profits
Egyptian banks are set to allocate about a quarter of their excess hard currency to foreign firms seeking to…
Egypt delays fee hike for tourist entry visas to July- ministry
Egypt is postponing a fee hike in tourist entry visas- a decision announced last week- until July, the country’s…
Egypt continues to suffer from currency float consequences
Eguypt’s economy continues to suffer from the harsh consequences of the government’s reform programme. The…
European stocks close lower as May meets Trump
European markets closed lower on Friday, after strong gains earlier this week, with investors digesting corporate…
Egypt says committed to repaying $3.5bn to foreign oil firms
Egypt is committed to repaying the $3.5bn it owes in arrears to foreign oil companies but a foreign currency…
What do Donald Trump and Jack Ma have in common?
Another week, and yet another Asian business leader finds himself in bear-like embrace of the US President-elect…
Dollar holds firm, upbeat China data lifts Aussie
The U.S. dollar held firm on Tuesday as the prospect of rising U.S. interest rates this year kept sentiment…