Banks instate currency exchange regulations
Purchases of dollars typically limited and sales generally require approval of the…
Sabbour: No foreign investment in the absence of stability and security
The President of the Egyptian Businessmen Association, Hussein Sabbour, relays to Daily…
Cellular operators raise price of prepaid cards
Sources within a number of companies have stated that a recent decline…
Investors Union: around 1500 factories are facing grave difficulties
A recent report conducted by the Investors Union stated that approximately 1500…
TNS: fuel prices and USD exchange rate will impact car purchases
The survey indicated that among high-income Egyptians who would potentially buy a…
Pound expected to depreciate further in 2013
Throughout 2012 Egypt’s currency dropped 8.4% against the euro, which cost EGP…
Experts differ on practicality of prospective petrol quota
The “smart petrol card” programme seeks to provide taxi and microbus drivers…
Bill Gates among US investors to acquire $1bn stake in OCI
OCI NV launches exchange offer to absorb outstanding stocks and GDRs of…
Ghorab: Egypt has yet to tap into its wealth of natural resources
Former Minister of Petroleum, Abdallah Ghorab, talks to Daily News Egypt about…
Petroleum giants level criticism at current contractual agreements model
While its true that the Egyptian petroleum industry has endured the past…