Tag: Foreign currency

Concern over European warnings against travel to Egypt: Investors

Income from tourism sector, Suez Canal are important for Egypt’s economy to…

Abdel Razek Al-Shuwekhi

CBE raises dollar price by 10 piasters at official auction

The Central Bank of Egypt (CBE) allowed the Egyptian pound to deteriorate…

Daily News Egypt

Private business accounts for 63.2% of credit facilities end of March: CBE report

Central bank announces 2.6% increase in total credit facilities

Daily News Egypt

Engineering consulting company releases quarterly report

The consulting firm says Egypt’s consumption price index increased by 4% due…

Daily News Egypt

Pharmacist union predicts shortages of imported medicine to reach 90%

Shortages in coming year expected because of increases in the price of…

Daily News Egypt

Central Bank receives $3bn Qatari deposit for bonds

Bonds to mature in three years with 3.5% interest rate

Daily News Egypt

Vodafone Egypt hit hard due to lack of foreign currency

Resorts to paying some suppliers in Egyptian pounds

Nada Badawi

Foreign currency reserves decrease slower than expected

Egypt's foreign currency reserves dropped a further $105m over the last month,…

Daily News Egypt