UAE’s Egypt deposit ‘timely’, contributes to pound stability: official
The latest Emirati deposit of one billion dollars to Egypt is "timely" and contributes to the stability of the…
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Egyptian Pound
Egyptian pound vs global currencies early Sunday
The table below demonstrates the exchange rates of a number of key Arab and foreign currencies against the Egyptian…
Merrill Lynch: Egypt’s steady adoption of IMF programme would provide ‘upside risk’
Egypt’s steady adoption of supportive macro policies as part of the recently announced International Monetary Fund…
IMF’s $12 bln loan ‘not enough’ to save Egyptian pound: ex-finance minister
A $12 billion IMF loan will definitely support Egypt’s foreign reserves and budget but it won’t be enough to curb…
Egypt raids more foreign exchange bureaus, shut 48 so far
Egypt's central bank has shut down 48 foreign exchange bureaus since the start of the year for trading at black…
Egypt central bank shuts down so far 47 currency exchange bureaus
Egypt’s central bank has shut down and revoked the licences of 47 foreign exchange bureaus so far after finding…
Egypt’s foreign reserves down to $15.536 bln in July
Egypt's net foreign reserves dropped sharply to $15.536 billion at the end of July, the central bank announced…
National Bank of Egypt targets deposits of $67.6 bln by year-end
National Bank of Egypt (NBE), the country’s biggest public lender, seeks to raise its deposits to 600 billion…
Egypt suspends 10 forex bureaus for one year over black market trading
Egypt's central bank suspended Monday for one year the licenses of 10 foreign exchange bureaus in Cairo after…
Sisi: Egyptians ‘very soon’ will be able to get dollars at one rate
Egyptians will "very soon" be able to purchase U.S. dollars at a unified rate, state television quoted the…