URGENT: Egypt has no dollar crisis, PM says amid global market volatility
Egypt has sufficient foreign currency reserves and faces no dollar shortage, Prime Minister Moustafa Madbouly said…
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dollar shortage
Dollar shortage deters investments, central bank determined to fix it: Egypt FinMin
Dollar shortage is one of the main obstacles that Egypt currently trying to overcome in order to allure more…
Suez Cement refutes Italcementi’s plans to exit Egypt market
Suez Cement, Egypt's largest listed cement maker by market value, has denied plans to exit the Egyptian market and…
Sawiris: Clear economic vision needed to revive Egypt investment climate
Egypt’s investment climate needs a clear economic vision set by the government, said Egyptian tycoon Samih Sawiris…
Western Union transfers from Egypt to China curbed amid dollar shortage
Money transfers from Egypt to China via Western Union have been curbed in recent weeks to stop importers bypassing…
Egyptian oil firm EGPC denies talks to delay dollar payments to banks
Egyptian General Petroleum Corp (EGPC) denied Tuesday any negotiations with banks to delay dollar payments owed to…
Egypt’s General Petroleum Corp in talks to delay dollar payments owed to banks
State-run Egyptian General Petroleum Corp (EGPC) did not receive its full dollar needs from the central bank in…
Egypt’s GB Auto urges Govt support for industry to avert future crisis
Egypt's largest car assembler and distributor GB Auto (AUTO.CA) says it is pushing ahead with its expansion plans…
Egypt Strengthens Currency Amid Disruptive Dollar Shortage
Egypt's central bank strengthened the pound on Wednesday for the first time since 2013, injecting dollars into a…
Hisham Ramez To Meet With Heads Of Banks Next Thursday
Hisham Ramez, governor of the Central Bank of Egypt (CBE), will hold a meeting next Thursday with the presidents of…