These frozen dollars are being sold at a jaw-dropping 50% below the parallel market rate, raising questions about their authenticity and legality.
Papers by
Egypt Business Directory
Egypt Post has suspended foreign currency withdrawals and purchases through EasyPay cards, according to SMSs sent to clients’ mobile numbers.
27.12.2023
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News by
Ahram Online
The main objective will be to address concerns surrounding tampering with the auction session, a critical factor influencing the closing price.
20.12.2023
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News by
Egypt Today
Rania Al-Mashat stated that the ministry secured $28.5 billion for the public sector and $10.3 billion for the private sector between 2020 and 2023.
18.12.2023
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News by
Egypt Today
EGX indices achieved unprecedented jumps during the week that ended on 26 October as devaluation rumours attracted more investors to the stock market.
29.10.2023
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News by
ahram online
The companys newly acquired top status comes after it gained a 9.7% market share of total transactions, with a trading value of $354mln.
22.10.2023
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News by
zawya
The size of non-cash transactions in Egypt is expected to increase to $27.63 billion by 2027, with an annual increase of 14.03 percent.
12.10.2023
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News by
Ahram Online
The Company offers a comprehensive and growing set of financial solutions such as brokerage, investment banking, and asset management.
08.10.2023
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News by
ibs intelligence
Visa has a new cooperation with Commercial International Bank (CIB) to launch the She's Next programme to empower women-owned businesses in Egypt.
03.10.2023
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News by
Ahram Online
The Egyptian Exchange (EGX) is organizing a digital registry for IR officers of EGX-listed firms. Registration commencement post successful interviews, tests and bourse training.
02.10.2023
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News by
EgyptToday
Egypt and UAE signed on Thursday an agreement for currency exchange, but what does that mean? Here are 10 facts about the agreement.
Papers by
Egypt Business Directory
The Saudi Egyptian Investment Company (SEIC), the Egyptian investment arm of KSA’s Public Investment Fund (PIF), is set to increase its stake in state-owned FinTech e-Finance from 25% to 28%.
21.09.2023
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News by
EgyptToday
Beltone Financial Holding, a Cairo-listed investment company, announced that it signed the final agreement to acquire 100 percent of Cash Microfinance
06.09.2023
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News by
Ahram Online
Egypt’s President Abdel-Fattah El-Sisi directed the government on Sunday to implement a package of incentives, including tax exemptions.
29.08.2023
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News by
Ahram Online
Damaty noted that the currencies of some countries in the group are still not listed with the central banks of other countries within the BRICS.
28.08.2023
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News by
Egypt Independent
