Increase of foreign exchange reserves at CBE, backed by gold in February
The value of gold included in the reserves increased by $170m to…
Egypt rebalancing continues, yet challenging year lies ahead: Fitch
“The rising levels of foreign exchange (FX) reserves, a return of private…
Currency flotation is paying off as foreign flows drive foreign-exchange stabilisation: EFG Hermes
Squeezed by turbulence and uncertainty since 2011, Egypt’s economy encountered numerous challenges,…
67.4% increase in total collected foreign exchange in 2015/2016: CAPMAS
Total proceeds of foreign exchange amounted to EGP 1.5088tn 2015/2016, compared to…
Improving clarity on FX supply and demand dynamics should steadily encourage foreign investors to leverage lucrative interest differential: HC S&I
Slower private consumption and investment growth in the short term to be…
Gold value increases to $2.45bn in foreign exchange reserves by late January 2017
A report published by the CBE on Sunday revealed that foreign exchange…
We repatriate Air France’s money in return for bearing foreign exchange gap: country manager
‘The company operates its brand new Boeing 787 to Cairo with 6…
Banks loosen restrictions on US dollars abroad after foreign exchange resources improve following pound flotation
Banks operating in the local market have begun to ease restrictions set…
Former Police Club manager released following interrogation over EGP 25 bribe
No evidence of corruption could be found against him, says lawyer
Health sector requires $2.6bn annually from foreign exchange: Prime Minister
Pharmaceutical factories must continue to work at full capacity to cover local…
