Featured Zimbabwe to implement new measures to save currency Aya Anwar Jan 21, 2024 0 Zimbabwe is about to unveil new measures to support its currency amid the decline in both the official and the…
The Watch Six months extension for zero-customs gold import initiative Aya Anwar Nov 13, 2023 0 The Egyptian Cabinet has extended on Sunday the zero-customs programme for gold imports by Egyptian nationals…
Financial Institutions Egypt’s FRA launches dollar-based pension plan for expatriates Nada Ali Aug 15, 2023 0 Egypt’s Financial Regulatory Authority (FRA) launched on Tuesday the first pension plan in U.S. dollars for…
Banks Egypt’s net foreign assets deficit hikes 125% to $27 bln over a year Nada Ali Aug 2, 2023 0 Egypt's net foreign assets (NFAs) deficit surged by over 125 percent on a yearly basis in June, according to data…
Industry & Trade Egypt studies dollar alternative possibility for trading commodities Yassmine Elbehnaihy May 2, 2023 0 Egypt is putting approving the currencies of its commodity trade partners, including China, India and Russia, into…
Featured Russia adopts Egyptian pound instead of U.S. dollar Nada Ali Jan 26, 2023 0 The Russian Central Bank has added the Egyptian pound into the Russian exchange rate list, to increases reliance on…
MENA News Syrian Crisis Causes Billions Of Dollars In Losses Amwal Al Ghad English Aug 30, 2012 0 Syria has lost up to 30 billions U.S. dollars over the past 18 months due to the damage to infrastructure, costs of…
Banks Egypt C.Bank Sells 513 Mln Euros Of T-Bills Amwal Al Ghad English Aug 28, 2012 0 Egypt's central bank said it sold 513 million euros ($642 million) worth of euro-denominated T-bills at an average…
Banks Egypt Central Bank To Sell Euro-Denominated T-Bills Amwal Al Ghad English Aug 23, 2012 0 Egypt's central bank has told commercial banks it will offer 400 million euros in one-year euro-denominated…