Large portion of dollars in banks since Monday come from customers switching saving schemes to Egyptian pounds: prominent banker
High expectations that foreign currency deposits will decrease while Egyptian pound deposits…
Al-Sisi expected to decide fate of 83 prisoners recommend for pardon within 48 hours
The president has extended the work of the Detained Youth Committee until…
Al-Sisi avows protection of low-income citizens as economic reform programme makes headway
The president met with ministers and key figures following the IMF’s approval…
Parliament refers MP Anwar Al-Sadat to investigations for allegedly leaking NGOs law
The accusation was leveled against him through a memorandum by the minister of social solidarity
US dollar exchange rate movement since flotation of the Egyptian pound until 13 November
Date Buy Sell 13/11/2016 15.5697 16.3122 10/11/2016 16.4224 17.0738 09/11/2016 17.0422…
Government’s crowding out of private sector in banking funding hampers SME growth: Sahar Nasr
SMEs suffer from a lack of funding as well as strategic support,…
EGAS reassess gas projects to be added to national grid production until end of 2017
Possibility of providing Egypt’s needs of fuel without renting a third gasification under…
Egypt, Turkey accuse each other of crackdown on dissent, both deemed predators of freedom
Erdogan has explicitly disclosed his opposing stance towards the current Egyptian regime,…
US dollar price falls even further at CBE, banks while EGX profits EGP 9.3bn
The price of the US dollar dropped below EGP 16, with expectations…
Army kills 14 militants during North Sinai operation
Militants exchanged fire with army and police forces in the cities of…
