Tag: US dollar

Canon allocates 8% of its annual spending on research and development

Canon opened a regional office in Egypt for MENA and expanded recruitment…

Mohamed Alaa El-Din Mohamed Alaa El-Din

Tyre prices increase by EGP 100-290, rim prices increase by EGP 440

Sales declined by 65%; global companies offer Chinese alternatives

Daily News Egypt Daily News Egypt

US dollar shortage restricts activities of credit leasing companies

Import companies have suspended operations amid difficulty opening letters of credit, says…

Hossam Mounir Hossam Mounir

Security cooperation protocol with Russia for Egypt’s airports is pending: Civil Aviation Minister

Ground services lost more than EGP 300m when Russia halted its direct…

Ahmed Saad Ahmed Saad

Motor oil prices increase by 4%, filters by 10%

The prices of automobile oil have increased by 4% in the past…

Ahmed Eid Ahmed Eid

Panic dominates after punishment toughened on currency traders

Employees in exchange companies in the informal market express concern, outrage over…

Mohamed Ayyad Mohamed Ayyad

Banks continue to curtail US dollar use overseas

Banks are lowering limits of different types of cards and reducing hard…

Hossam Mounir Hossam Mounir

20 investment banks apply to advise government on offering US dollar-denominated bonds, result to be announced Monday

A senior government source said that 20 investment banks have submitted requests…

Ahmed Farahat Ahmed Farahat

Finance Ministry chooses Dechert to offer US dollar bonds abroad

7 global law firms submitted bids, says government source

Ahmed Farahat Ahmed Farahat

7 legal offices compete to provide legal consultations for issuing international bonds

A governmental source said that seven Egyptian legal offices applied to act…

Ahmed Farahat Ahmed Farahat