Egypt’s black market for dollars has reappeared less than three months after the central bank declared it finished.
29.04.2015
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News by
Bloomberg Business
“Setting a limit to dollar deposits lowered chances of sale growth”, says Abdel Mohsen.
29.04.2015
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News by
Daily News Egypt
Forty financial regulators will discuss how to develop derivatives, ETFs and bond markets within their countries.
28.04.2015
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News by
Ahram Online
Belarus and Egypt are connected by multipurpose and large-scale cooperation.
28.04.2015
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News by
Belarusian News
Egypt will need to complete projects and start repaying loans if it wants more funds from the Islamic Development Bank.
28.04.2015
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News by
Bloomberg Business
Egypt's top cigarette maker's nine-month net profit rose by 19.4 percent compared with the same period last year.
27.04.2015
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News by
Reuters
Egypt's currency black market, a thorn in the side of successive governments, has virtually disappeared in the past two months following a central bank crackdown.
27.04.2015
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News by
Reuters
Romania is targeting increasing its volume of trade exchange with Egypt to hit US$1 billion by the end of 2015.
27.04.2015
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News by
Zawya
Applicants include CIB, Abu Dhabi Islamic Bank, Emirates NBD and Mashreq Bank.
26.04.2015
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News by
Daily News Egypt
Meanwhile Egypt’s imports from Indonesia include chemicals and fertilisers, readymade clothes, weaving and textiles, furniture, leather products and others.
26.04.2015
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News by
Daily News Egypt
Earlier this month, the government signed a $400 million loan with the Bank for a pension welfare project which currently benefits 1.5 million poor Egyptian families.
24.04.2015
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News by
Ahram Online
Egypt’s annual urban inflation accelerated to 11.5 percent in March from 10.6 percent a month earlier, while core inflation stood at 7.21 percent.
24.04.2015
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News by
Bloomberg Business
Saudi Arabia, Kuwait, the UAE and Oman jointly pledged $12.5 billion in aid, investments and central bank deposits at a March investment conference in Egypt's resort town of Sharm el-Sheikh.
24.04.2015
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News by
The Daily Star
The government signed an agreement with Blumberg Grains in December to replace 93 local wheat barns with food security technology and systems at a cost of $28 million.
22.04.2015
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News by
Ahram Online
The investment plan will be the authority’s largest and would focus on the much-needed revamping of run down facilities.
22.04.2015
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News by
Daily News Egypt
Egypt will receive loan in May and loan repayment period will be between 25-30 years, says Kouchouk.
22.04.2015
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News by
Daily News Egypt
CEO: Edita is targeting sales of more than 2.5 billion Egyptian pounds in 2015.
21.04.2015
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News by
Reuters
Aiming to raise $2bn to help reduce the state budget deficit, Egypt's government will issue international bonds starting at the end of next month
21.04.2015
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News by
Ahram Online
Critically low foreign currency reserves and a fluctuating exchange rate have also dogged the Egyptian economy since a 2011 uprising.
21.04.2015
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News by
Reuters
Minister of Supplies had said stock of wheat is enough till the end of May.
20.04.2015
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News by
Business Recorder