Banks Egypt’s foreign reserves climb to $16.5 billion in February Yomna Yasser Mar 3, 2016 0 Egypt’s foreign currency reserves have surged by $56 million in February for the fifth consecutive month, to reach…
Industry & Trade Nestle planning $127.7 million Egypt investments despite dollar squeeze Yomna Yasser Feb 29, 2016 0 Nestle is pushing ahead amidst plans to invest 1 billion Egyptian pounds ($127.71 million) in Egypt in the next few…
forex news Yen rebounds vs dollar as faltering stocks revive safety bids Noha Gad Feb 29, 2016 0 The yen rebounded sharply against the dollar on Monday, retracing its earlier fall on upbeat U.S. data, as a slide…
forex news Dollar, yields rise, backed by U.S. data; stocks, oil fade Noha Gad Feb 27, 2016 0 The U.S. dollar jumped on Friday and Wall Street's stock rally faded as fresh economic data kept alive Federal…
Egypt News Egypt cuts economic growth forecast, ups deficit target aya salah Feb 24, 2016 0 Egypt lowered its economic growth forecast to a range of 4 to 4.25 percent for the current fiscal year ending on…
Egypt News Media campaign to promote dollar portfolios for Egyptian expats Noha Gad Feb 23, 2016 0 Minister of Immigration and Egyptian Expatriate Affairs Nabila Makram discussed with governor of the Central Bank…
forex news China’s yuan flat, central bank keeps firm hand ahead of G20 Noha Gad Feb 22, 2016 0 China's yuan barely budged against the dollar on Monday as the central bank kept holding the line via a steady…
forex news Dollar exceeds EGP 9 in Egyptian informal market for first time aya salah Feb 17, 2016 0 The value of the dollar on the informal exchange market exceeded EGP 9 on Tuesday for the first time since it…
Egypt News MPs call for banning dollar trading outside banks aya salah Feb 16, 2016 0 Members of the Egyptian parliament said the sharp rise in the price of the dollar against the Egyptian pound…
Banks CBE Deputy Governor explains dollar cap increase to reguators aya salah Feb 15, 2016 0 Deputy Governor of the Central Bank of Egypt (CBE) Gamal Negm met with officers from banking operations and…