Tag: exchange rate

Contracting companies raise civil works fees for renewable energy investors by 100%

Investors re-examine the feasibility of feed-in tariff projects after floating the pound

Mohamed Farag Mohamed Farag

Bank are free to price the US dollar: CBE

This comes after the CBE fully floated the exchange rate on Thursday…

Hossam Mounir Hossam Mounir

Egypt’s exchange rate crisis must be addressed: IMF managing director

Social protection is a cornerstone of the IMF programme, any cuts in…

Mohamed Samir Mohamed Samir

CBE concludes week without changing pound’s price, contrary to market expectations

Market expectations inclined towards floating the exchange rate or reducing the value…

Hossam Mounir Hossam Mounir

Tyre prices increase by EGP 100-290, rim prices increase by EGP 440

Sales declined by 65%; global companies offer Chinese alternatives

Daily News Egypt Daily News Egypt

Motor oil prices increase by 4%, filters by 10%

The prices of automobile oil have increased by 4% in the past…

Ahmed Eid Ahmed Eid

Egypt, IMF to postpone unifying exchange rate until first tranche of loan arrives

Government moving quickly towards loan, while mission concerned about Cairo's ability to…

Mohamed Ayyad Mohamed Ayyad

Stabilising US dollar exchange rate, CBE confuses dollar holders once again

The CBE directed banks to allocate foreign currency for imports of medication

Hossam Mounir Hossam Mounir

Increase of US dollar exchange rate supports chances of exporting MCV buses: Ghabbour

The group is targeting to export 150 hybrid buses to London this…

Ahmed Amer Ahmed Amer