Tech news NTRA may revise international portal licence prices on Egypt pound float move: sources Ghada Ismail Nov 3, 2016 0 Egypt’s telecoms regulator the National Telecommunications Regulatory Authority (NTRA) may consider revising prices…
Egypt News Egypt gets closer to IMF loan with China currency swap deal Noha Gad Oct 31, 2016 0 Egypt has reached a currency swap agreement with China valued at $2.7 billion, moving closer to meet the terms…
forex news Dollar underpinned by Fed rate expectations, Aussie shines Yomna Yasser Oct 26, 2016 0 Underpinned by expectations U.S. rates will rise by the year-end, the dollar held steady in Asia trading on…
Banks CBE keeps EGP unchanged vs dollar, contradicts flotation forecasts Noha Gad Oct 5, 2016 0 The Central Bank of Egypt (CBE) kept the local currency’s rate stable at EGP 8.78 against the US dollar at…
Banks Egypt’s CBE closed 53 forex bureaus since beginning of year aya salah Aug 20, 2016 0 A total of 53 foreign exchange bureaus have been closed since the start of the year, deputy governor at the…
Egypt News Parliament of Egypt agrees on jailing black market currency dealers Noha Gad Aug 10, 2016 0 Egypt's parliament approved on Tuesday a cabinet bill allowing the government to prosecute and jail sellers of…
forex news Euro hits five-week high, yen up after stimulus announced Noha Gad Aug 2, 2016 0 The euro rose above $1.12 for the first time in more than a month on Tuesday while a cut in Australian interest…
forex news Egypt is pressured to liberalise currency exchange rate aya salah Aug 2, 2016 0 The main condition for Egypt obtaining a $12bn loan from the International Monetary Fund (IMF) was heavily…
forex news Bets on Egypt currency devaluation mount:WSJ aya salah Jul 26, 2016 0 Britain isn’t the only country with a troubled pound; the Egyptian pound fell Monday to its lowest-ever…
forex news Dollar buoyant vs yen, euro as risk-on mood prevails Noha Gad Jul 25, 2016 0 The dollar was buoyant against the yen and euro on Monday as the risk-on mood inspired by solid U.S. economic data…