Arabian Cement to repay US dollar loans to avoid high cost
The company aims to shrink loans to EGP 40m compared to $65m…
Automotive sector welcomes fixed price of customs US dollar
The decision enables working in accordance with clear plans without surprises, says…
The reason behind the rise of Egypt’s foreign currency reserves remains unknown
Since the 25 January Revolution in 2011, Egypt’s foreign currency reserves were…
IMF financing alone will not be sufficient to stabilise US dollar: BOFAML
The report issued by BOFAML said that it expects the CBE to…
US dollar price to remain between EGP 16-20 in 2017
The government is to lead the demand for the US dollar in…
After full flotation of Egyptian pound, US dollar price targets cannot be specified: Aboul Fotouh
US dollar not expected to make large gains against the pound in…
Finance Ministry fixes value of customs US dollar at EGP 18.5 until end of February
The Ministry of Finance decided to maintain the price of the US…
EGX named one of highest US dollar revenue-achieving emerging stock markets in 2017
The initial indicators recorded by the Egyptian Exchange (EGX) during the first…
20% increase in prices of motorcycles over 2 months
The customs exchange rate and foreign currency shortage has led to a…
US dollar prices at banks vary considerably on Wednesday, official price drops by EGP 0.06
The dollar value is expected to drop as companies finalise their budgets