No significant change in exchange rate in 2019: Egypt’s EFG Hermes
EFG Hermes, a leading financial group and one of the biggest investment banks in Egypt, has ruled out any…
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exchange rate
Egypt to adjust customs’ duties on luxury goods to benefit economy
Egypt's Finance Ministry’s decision to adjust the customs dollar exchange rate for non-essential goods, tying it to…
Egypt’s Banque du Caire nets $22 bln in 22 months
Egypt's state-run lender Banque du Caire’s US dollar proceeds exceeded $22 billion since the liberalisation of the…
Egypt’s Finance Ministry dismisses reports of exchange rate 17.5 pounds to 1 USD
Sources at the Egyptian Ministry of Finance denied that the government has fixed the exchange rate for EGP to USD…
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…
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…