In January 2018, Egypt kept its customs exchange rate at EGP 16 per US dollar, a figure which had been maintained for the last five months of 2017.
01.03.2018
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News by
Ahram Online
The National Bank of Egypt is looking to secure $500 million in loans by the end of June.
16.02.2018
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News by
Bloomberg Business
Moody’s expects Egypt’s GDP growth to accelerate to around 5 percent by 2019 and 5.5 percent by 2021, up from 4.2 percent in 2017.
21.01.2018
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News by
Ahram Online
The IMF said the transfer would bring the total payout to Egypt since it secured the loan in November 2016 to $6.08 billion.
22.12.2017
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News by
business Insider
dealing with cryptocurrencies is considered a form of deception that falls under legal liability and not regulated by any official body in Egypt.
20.12.2017
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News by
Ahram Online
In the National Bank of Egypt (NBE) and Banque Misr, the dollar was being sold at LE 17.79 and bought at LE 17.69.
19.12.2017
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News by
Egypt Independent
The loan is the last in a series of three annual loans totaling $3.15 billion issued from 2015 to 2017.
06.12.2017
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News by
Ahram Online
As 2nd anniversary approaches since Amer assumed CBE duties, DNE reviews important decisions made during his term, significantly floating the pound.
26.11.2017
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News by
Daily News Egypt
IMF expects that the Egyptian economy will grow by 4.5 percent in 2018 up from 4.1 in 2017.
01.11.2017
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News by
Egypt Independent
The pound has gradually strengthened in recent weeks, standing at about 17.63 to the dollar up from about 17.71 last month.
01.11.2017
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News by
Reuters
Gross domestic product expanded at an annual rate of 4.6 in the first half of 2017, the fastest pace in seven years which surprised economists.
31.10.2017
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News by
Bloomberg Business
Nasr asserted the ministry's keenness to cooperate with HSBC bank to lure investors to Egypt especially for the widespread bank branches worldwide.
29.10.2017
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News by
Egypt Today
The country suffers from a deficit in the general budget estimated at EGP 379.6bn during the fiscal year (FY) 2016/2017:Minister of Finance.
15.10.2017
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News by
MENA FN
Egypt's finance ministry said a 91-day-term treasury bill was issued worth EGP 6.5 billion with an average yield of 18.984% from 19.001%.
15.10.2017
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News by
Ahram Online
The reserve ratio, used to control money supply, will increase to 14 percent from 10 percent from Oct. 10.
05.10.2017
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News by
The Daily Star
The foreign exchange reserves increased by more than $21bn over the past 14 months, where it stood at about $15.5bn in July 2016.
04.10.2017
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News by
MENA FN
The new ratio is effective starting on 10 October, the bank said in a statement.
04.10.2017
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News by
Ahram Online
Minster of Finance Amr El-Garhy meets with investors to discuss further opportunities.
27.09.2017
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News by
Daily News Egypt
A recent report by CNN Arabia revealed that prices of the US dollar are likely to surge to LE 19 by 2018 and EGP 20 by 2019.
18.09.2017
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News by
Egypt Independent
FDI rose to $7.9 billion in the 2016-2017 fiscal year that ended on June 30.This is well below Egypt’s target of $10 billion.
13.09.2017
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News by
Ahram Online
