How can Al-Sisi fulfil his promise to solve the US dollar shortage in 170 days?
Stability of the foreign exchange market requires the government and the CBE…
UAB reviews banking risks in de-Risking Forum
The Union of Arab Banks (UAB) will hold a de-Risking Forum entitled…
CBE stabilises Egyptian pound against the US dollar at EGP 8.78
The CBE sold roughly $118.6bn to the banks through its tender.
Public sector carries out construction worth EGP 20.6bn in 2014/2015: CAPMAS
The construction operations of the public sector increased by 31.3% from fiscal…
CBE denies any amendments to maximum foreign currency amount allowed to exit Egypt
The recent regulations did not include the foreign exchange, the CBE said…
Egypt exports register EGP 16.6bn in April, imports record EGP 40.5bn: CAPMAS
The value of Egyptian exports reached EGP 16.6bn during April 2016, while…
Industrial sector accounts for 32.6% of credit facilities in April: CBE
The industrial sector accounted for 32.6% of the total credit facilities granted…
Did Al-Sisi reject the EGP devaluation during his last meeting with Amer?
Unofficial market and analysts increase pressure on CBE’s governor
EGP devaluation: did the market misunderstand Amer or was confusion intended?
Amer had ruled out devaluation of the Egyptian pound before exchange reserves…
13,900 foreign workers in private, investment sectors in Egypt in 2015: CAPMAS
The manufacturing business obtains the majority of these foreign workers