US dollar maintains prices against Egyptian pound
U.S. dollar exchange rate against the Egyptian pound maintained prices during Sunday’s dealings in the banking…
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exchange rate
Egypt’s Cabinet approves signing 30mn pounds contract due to drug shortages
Egypt's Minister of Housing and Health, Ahmed Emad, stated, on Wednesday, that the ministerial Cabinet has given…
Remittances rise to $24.2 since liberalization of exchange rate: CBE
The Central Bank of Egypt (CBE) announced that remittances from Egyptian expatriates increased to $24.2…
Egypt’s debt hits 3.7 trillion pounds in 2017: minister
Egypt’s Minister of Finance Amr El-Garhy said on Tuesday that the country’s internal and external debt totalled…
Egyptian exports to Kenya jump 30% in H1
Egypt racked up $170 million worth of exports to Kenya during the first half of 2017, according to a new…
Customs exchange rate to fall to 16 Egyptian pounds pounds in September: minister
Egypt will lower its customs exchange rate to 16 pounds per dollar from 16.25, effective September 1, Finance…
IMF sees Egypt inflation to ease when reform impact wears off
The International Monetary Fund (IMF) said it expects Egypt’s inflation, which jumped to almost 30 percent in…
SECON to inject investments of 2b Egyptian pounds in 2017
Property developer Saudi Egyptian Construction Company (SECON) is planning to pump investments of two billion…
Bankers rule out floating Egyptian currency before making official request for IMF loan
Bankers ruled out the flotation of the Egyptian pound by Egypt’s central bank before making the official request to…
Lagarde: Egypt has to do more on exchange rate, subsidies files to seal $12bn deal
Egypt has “almost completed” the actions required for International Monetary Fund’s $12 billion loan, but some…
