Central bank reduces its interest rates by 50 basis points
According to a statement on the bank’s website, the discount and repurchasing…
Declining Egyptian pound threatens Saudi investments
Saudi-Egyptian business council tells Al-Eqtisadiah newspaper Saudi investments in Egypt will be…
Fears over rising dollar price amid planned protests
Banking expert Bassant Fahmy said she does not expect dollar prices to…
Forex auctions carry on
Despite the optimism, the current political insecurity and the unsettled International Monetary…
Pharmacist union predicts shortages of imported medicine to reach 90%
Shortages in coming year expected because of increases in the price of…
Egyptian pound slumps to seven against US dollar
Egypt’s currency continues to devalue despite attempts by Central Bank to slow…
Dollar speculation creates local black market for gold
Black market now real determiner of gold prices, says gold expert at…
Dollar price jumps 22 piasters on black market
Exchanges attribute rise to increased demand from importers
Consumer group holds cement companies responsible for dollar shortage
Citizens Against Price Rises demands Egypt’s Central Bank intervene to address the…