The purchasing rate at National Bank of Egypt reached LE17.84, while the selling rate reached LE17.94.
06.07.2017
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News by
Egypt Independent
With the increasing strain on the people, more are wondering whether IMF straitjacket is too restrictive for Egypt’s ordinary citizens.
05.07.2017
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News by
African Business
Egypt’s economic structure is changing in the face a number of challenges. Private consumption is slowing and unemployment is dropping among others.
03.07.2017
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News by
Forbes Middle East
The government is hoping a $12bn International Monetary Fund lending programme signed last year will put it on the road to recovery.
22.06.2017
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News by
Gulf News
Foreign direct investment is one of Egypt's primary sources of foreign currency, along with Suez Canal revenues and the tourism industry.
21.06.2017
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News by
Ahram Online
The central bank statement did not comment on the status of the $50,000 deposit cap for some importers.
15.06.2017
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News by
Business Recorder
Egypt’s stock market starts trading on 11 June, with some companies holding their ordinary general meeting to discuss their financials for 2017 Q1.
12.06.2017
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News by
Daily News Egypt
The exchange rate in Egyptian banks is around 18.12 pounds per dollar.
01.06.2017
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News by
Reuters
The amount is up from EGP 6,500 but the decision has yet to be approved by parliament.
31.05.2017
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News by
Ahram Online
The government plans to spend EGP45bn on income tax discounts, bonuses for public employees, increased pension payments and cash subsidies.
31.05.2017
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News by
The Daily Star
Egypt expecting a new rise of prices due to the IMF loan requirements, while the country has not yet recovered from previous economic decisions.
28.05.2017
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News by
Al Monitor
CIB) topped the Business News index for best retail bank for the 2nd year in a row followed by NBE that has the most widespread ATMs.
23.05.2017
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News by
MENA FN
Businesspeople outraged amid expectations that debt payments will increase by EGP 30bn.
23.05.2017
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News by
Daily News Egypt
The statement added that the credit rate was also raised by 200 points to 17.25.
22.05.2017
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News by
Ahram Online
We have launched our activities in the Egyptian market 10 years ago and seek to continue and expand it, says Drion.
22.05.2017
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News by
Daily News Egypt
Prime Minister Sherif Ismail attended the signing of the agreement at the cabinet headquarters in Cairo.
17.05.2017
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News by
Ahram Online
Egypt sold $4 billion of Eurobonds in three tranches in January, raising twice as much as targeted and at lower yields than expected.
17.05.2017
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News by
Ahram Online
"We have no need for foreign currency limits" Egypt's central bank governor Tarek Amer said.
17.05.2017
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News by
Ahram Online
New Investment Law is a positive step towards improving the dire business environment, according to the research: Capital Economics.
17.05.2017
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News by
Daily News Egypt
The IMF approved a 12-billion dollar, three-year loan program to Egypt in November and has already paid out 2.75 billion dollars as the first tranche.
14.05.2017
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News by
Daily Times