Month: November 2016

US dollar exchange rate movement since flotation of the Egyptian pound until 13 November

  Date Buy Sell 13/11/2016 15.5697 16.3122 10/11/2016 16.4224 17.0738 09/11/2016 17.0422…

Daily News Egypt

Government’s crowding out of private sector in banking funding hampers SME growth: Sahar Nasr

SMEs suffer from a lack of funding as well as strategic support,…

Mohamed Ayyad

EGAS reassess gas projects to be added to national grid production until end of 2017

Possibility of providing Egypt’s needs of fuel without renting a third gasification under…

Mohamed Adel

Egypt, Turkey accuse each other of crackdown on dissent, both deemed predators of freedom

Erdogan has explicitly disclosed his opposing stance towards the current Egyptian regime,…

Toqa Ezzidin

US dollar price falls even further at CBE, banks while EGX profits EGP 9.3bn

The price of the US dollar dropped below EGP 16, with expectations…

Hossam Mounir

Army kills 14 militants during North Sinai operation

Militants exchanged fire with army and police forces in the cities of…

Taha Sakr

Hamilton wins in Brazil, pushing F1 title race to a decider against Rosberg

Lewis Hamilton has won the Brazilian Grand Prix for the first time…

Deutsche Welle

Egypt aims to boost exports to $30bn, decrease imports to EGP 54bn

Exports have increased by $1bn since January, while imports declined by $7bn

Mohamed Ayyad

Mahmoud Abdel Aziz dies at 70, leaving behind a heritage of more than 84 films

The super star is known as “the magician” from one of his…

Nada Deyaa’