Tag: Foreign currency

Economic professors, experts criticise government’s reform programme

IMF loan will not encourage Egyptian economy, says former finance minister

Hisham Salah Hisham Salah

Sugar, foreign currency shortages to push prices up in coming weeks

For more than a month, Egypt has been facing a crisis in…

Hisham Salah Hisham Salah

More liberalised exchange rate regime is one of the tools to solve foreign currency shortage: Amr El-Ganainy

Proper legislation has to be issued to incorporate the informal economy into…

Hossam Mounir Hossam Mounir

What are the challenges facing the Egyptian economy in the eyes of dealers?

Chief financial officers and heads of treasury sectors at banks (dealers) are…

Hossam Mounir Hossam Mounir

Crédit Agricole resumes use of prepaid, credit cards for online purchases

The bank noted that if a client uses different cards, the spending…

Daily News Egypt Daily News Egypt

Loans granted by banks see EGP 60bn increase in May

The total loans granted by banks to their clients, aside from the…

Daily News Egypt Daily News Egypt

Government policies increase poverty, future for the poor seems bleak: expert

Poverty in Egypt will increase throughout the year, as the government did…

Hisham Salah Hisham Salah

CBE denies any amendments to maximum foreign currency amount allowed to exit Egypt

The recent regulations did not include the foreign exchange, the CBE said…

Hossam Mounir Hossam Mounir

CBE to hold exceptional $1.5bn auction

CBE sold $200m to banks operating in the local market at rate…

Hossam Mounir Hossam Mounir