Egypt’s sources of foreign currency ‘stable’ – PM
Egypt’s sources of foreign currency are “stable” and the state’s primary needs are secured, according to Prime…
Browsing Tag
egypt’s foreign currency crisis
Egypt will not offer international bonds until June-end
Egypt’s Minister of Finance Mohamed Maait said on Monday in an interview with CNBC that his country would not…
CIB Bank limits use of bank cards abroad as Egypt FX shortage bites
Egypt's largest private bank, Commercial International Bank (CIB), informed customers on Wednesday it was reducing…
Egypt signs $500 million Afreximbank facility agreement to ease FX shortage
The African Export-Import Bank (Afreximbank) and the Central Bank of Egypt (CBE) signed in Cairo signed Friday a…
Egypt struggles to pay for oil, LNG supplies amid foreign currency crisis
Egypt is struggling to pay for U.S. dollar-priced oil product and liquefied natural gas (LNG) imports,…
MSCI: No Decision Currently Taken To Downgrade Egypt, Yet ‘Closely’ Monitored
Talks are underway between the Egyptian Exchange (EGX) management and leading equity index provider MSCI over the…
