Finance News
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US dollar exchange rate surpasses LE18
In the CIB, the sale price for the US dollar reached LE18.60 on Wednesday morning.
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Egypt pound drops to lowest rate against dollar since 3 November
The country's foreign reserves stood at $23 billion by the end of November.
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How will Egypt’s stock market react to recent bombings?
Recent worldwide events, including the Istanbul bombing, will shield the Egyptian stock market from any potential repercussions of the church bombing.
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UAE’s Mawarid Technology Promises to Pump Investments at a Value of USD 100 Million in Egypt
Nuaimi: Egypt Represents a Regional Gateway for Arab and African Markets.
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China signs three-year $2.62 billion bilateral currency swap with Egypt
A move that importers and economists said would facilitate trade and improve foreign currency liquidity in cash-strapped Egypt.
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Egypt's foreign reserves rise by $4 bln in November
The country's foreign reserves reached $23 billion by the end of November, up from $19 billion in October 2016.
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Egypt's Further Economic Good Sense - Cutting Fuel Subsidies As Well As Floating The Pound
Getting rid of the price fixing and moving to the market rate will increase economic efficiency. Increased economic efficiency makes people richer.
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Egypt Is Charting a New Economic Course
Unlocking the country’s potential through private-sector-led growth free of the heavy hand of the state.
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Digital Coin Global Market Growth and Demands 2016 - 2020
Research Beam added a report “Global Digital Coin Market 2016-2020: Size, Share, Trends, Segmentation, Growth, Technology, Opportunity, Analysis
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Foreign Exchange Global Market Growth and Demands 2016 - 2020
Research Beam added a report “Global Foreign Exchange Market 2016-2020: Size, Share, Trends, Segmentation, Growth, Technology, Opportunity, Analysis
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Motor Vehicle Insurance Global Market Trends 2016 - 2020
Research Beam added a report “Global Motor Vehicle Insurance Market 2016-2020: Size, Share, Trends, Segmentation, Growth, Technology, Opportunity
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Trade Finance Global Market Trends 2016 - 2020
Research Beam added a report “Global Trade Finance Market 2016-2020: Size, Share, Trends, Segmentation, Growth, Technology, Opportunity, Analysis
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Health Insurance Global Market Size and Share 2016 - 2020
Research Beam added a report “Global Health Insurance Market 2016-2020: Size, Share, Trends, Segmentation, Growth, Technology, Opportunity, Analysis
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Catastrophe Insurance Global Market Applications 2016 - 2020
Research Beam added a report “Global Catastrophe Insurance Market 2016-2020: Size, Share, Trends, Segmentation, Growth, Technology, Opportunity
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Contactless Smart Cards Market in the Banking Sector Growth and Demands 2016 - 2020
Research Beam added a report “Global Contactless Smart Cards Market in the Banking Sector 2016-2020: Size, Share, Trends, Segmentation, Growth, Techn
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Utilities Security Global Market Overview and Analysis 2016 - 2020
Research Beam added a report “Global Utilities Security Market 2016-2020: Size, Share, Trends, Segmentation, Growth, Technology, Opportunity
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Egypt's banks raise $3 bln since pound float decision
CBE had decided in early November to float the pound and raise key interest rates as part of a set of reforms aimed at alleviating the dollar shortage
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Ahram Hebdo economic conference to highlight French investment in Egypt
The conference, held in partnership with the French Chamber of Commerce and Industry and the French embassy in Cairo, will be held from 9am to 5pm.
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IMF Loan, rights and obligations
The loan is not just money, it’s a full economic reform program that needs to be implemented over 3 years and will be reviewed 5 times.
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IMF approves $12 billion loan to salvage Egypt's economy
The IMF made the announcement on Friday and said the loan aims to help Egypt "restore macroeconomic stability and promote inclusive growth".