Tag: US dollar

CBE stabilises Egyptian pound’s price against US dollar, ignores market’s expectations again

Analysts ruled out Egyptian pound’s devaluation before 11 November

Hossam Mounir Hossam Mounir

Economic challenges push for failed attempt to impeach cabinet

Dozens of MPs passed and signed a petition demanding the impeachment of…

Adham Youssef Adham Youssef

Government to determine commodity profit margins with FEDCOC, FEI next week: Prime Minister

Government in full coordination with CBE to overcome the US dollar crisis

Daily News Egypt Daily News Egypt

CBE launches its regular auction with $120m, fixes US dollar at EGP 8.78

The Central Bank of Egypt (CBE) launched on Tuesday its regular weekly…

Hossam Mounir Hossam Mounir

Car market has no spare parts

70% deficiency in the market; spare parts for Korean, Chinese, Japanese, European…

Ahmed Amer Ahmed Amer

Bayt El Khebra Consultancy aims to attract investments to Egypt worth $2.6bn in 3 years: CEO

Bayt El Khebra for Investment and Financial Consultancy is currently considering a…

Sara Ibrahim Sara Ibrahim

Looking for investment safe havens, Egyptians turn away from the US dollar

For more than five years, Egyptians have been looking for a safe…

Hisham Salah Hisham Salah

US dollar shortage negatively affects banks financing import operations, lending to projects with a foreign component

The US dollar shortage has negatively affected banks' activities that are related…

Hossam Mounir Hossam Mounir

Egypt’s unpaved road to austerity

"Just as we should never balance the budget on the backs of…

Hussein Keshk Hussein Keshk