Egypt’s foreign exchange reserves reach new high since March 2011, thanks to new dollar bonds
The foreign exchange reserves increased to $31.1bn at the end of May…
Worst week for dollar since Trump election
The greenback has been on track to record its worst week against…
Banque Misr negotiates with international funding institution to obtain new dollar debt: bank’s chairperson
The bank signs a loan agreement with CDB for $500m during its…
Egyptian community calls upon Al-Sisi to hold meetings with its members
“We need measures to establish US dollar joint stock companies to invest…
GDP growth to slow, reach 3.9% in FY 2017/18: World Bank
Growth expected to accelerate to 4.6% in FY 2017/2018 and 5.3% in…
Strong dollar threatens Trump’s trade goals
Donald Trump ran for President pledging to narrow US trade deficits. But…
The main economic results of wider US involvement in Syria
Egypt is likely to participate in any conflict in the region, and…
Dollar to reach EGP 15 by the end of current year: FEI deputy chairperson
Lack of dollar led to the reluctance of companies to increase their…
Customs dollar brings back the auto sector to recession
Sources expect unprecedented price increases on new models
Bank Audi Egypt settles all dollar debts resulting from currency difference after flotation
We had a few companies with debts of more than $5m, whose…