Dollar crisis pushes Renault sales down by 73% in January, February 2016
If the currency crisis was controlled, sales would be better, says EIM…
CBE revises mechanism of US dollar allocation
The CBE allocated $120m to banks on Tuesday to finance the import…
Analysts expect further EGP devaluation against dollar
Analysts cannot predict the timing and percentage of devaluation
Dollar shortage most pressing issue in Automech closure
Jeep, BMW, and Suzuki announce the closure of reservations for their vehicles
Dollar deposits jump 2130% following pound devaluation: Amer
Depreciating the pound is a corrective measure in response to currency market…
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…
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…
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…
Djibouti ensures investors profit in dollar: central bank governor
Djibouti’s economy grew by 5% in 2013, by 5.9% in 2015, and…
Fitch forecasts dollar to reach EGP 9 before year-end
Egypt could reach an IMF agreement if required by authorities, Fitch says