Tag: dollar

Analysts expect further EGP devaluation against dollar

Analysts cannot predict the timing and percentage of devaluation

Hossam Mounir Hossam Mounir

Dollar shortage most pressing issue in Automech closure

Jeep, BMW, and Suzuki announce the closure of reservations for their vehicles

Ahmed Amer Ahmed Amer

Dollar deposits jump 2130% following pound devaluation: Amer

Depreciating the pound is a corrective measure in response to currency market…

Mohamed Ayyad Mohamed Ayyad

Economists deem plan to attract $30bn in FDI by 2030 a ‘difficult venture’

Serious institutional, administrative, and legislative reform required to raise foreign investment, entrance…

Mohamed Ayyad Mohamed Ayyad

EGX considers allowing Egyptian investors to obtain sale proceeds of GDR in dollar: chairman

We understand investors’ demands, coordinating with EFSA to abolish restrictions on international…

Mohamed Ahmed Mohamed Ahmed

CBE provides banks with $104.5m, sets US dollar price at EGP 8.78

On Tuesday, the official dollar price in banks was EGP 8.83 for…

Hossam Mounir Hossam Mounir

Djibouti ensures investors profit in dollar: central bank governor

Djibouti’s economy grew by 5% in 2013, by 5.9% in 2015, and…

Shaimaa Al-Aees Shaimaa Al-Aees

Fitch forecasts dollar to reach EGP 9 before year-end

Egypt could reach an IMF agreement if required by authorities, Fitch says

Daily News Egypt Daily News Egypt

Egyptian pound devaluation negatively impacts Nissan Motor Egypt: Sekiguchi

Nissan Motors Egypt CEO demands that companies do not rush to increasing…

Daily News Egypt Daily News Egypt

Prices of food items ‘increased’, minister promises control

Food prices will not increase following dollar rise, Hanafy says

Daily News Egypt Daily News Egypt