Tag: US dollar

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

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

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

Egypt’s unpaved road to austerity

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

Hussein Keshk

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

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

Hossam Mounir

House of Representatives summons government to clarify ‘confused’ economic policy

We expect a significant decline in all economic indicators during the first…

Abdel Razek Al-Shuwekhi

Stability of monetary policy, simplified government measures attract investment: Infinix

Infinix Corporation, specialised in manufacturing smartphones, is working to develop after-sales services…

Mohamed Alaa El-Din

CBE fixes pound’s price against US dollar on Tuesday, market still awaiting devaluation

Possibility of launching exceptional auction completed ruled out for now, as the…

Hossam Mounir

Government to include capital gains tax in economic reform programme: Chris Jarvis

The IMF mission chief to Egypt spoke at the IMF and World…

Daily News Egypt

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