CIB negotiates with 8 banks to fund Orascom Hotels loan rescheduling worth EGP 2bn
The company looks to reschedule both short- and mid-term loans
Allocations for petroleum product subsidies expected to increase after floating the Egyptian pound
Allocations for petroleum product subsidies expected to exceed previous amount of EGP 35bn
CBE will not hold exceptional tender Thursday: Genena
The CBE's governor said foreign exchange reserves will not be used, described the move as a full flotation
MPs expect debt repayment allocations to soar to EGP 400bn by fiscal year’s end
Flotation of the Egyptian pound is a bitter medicine, says MP Khalil
Today, I contribute to the sport in a different way: squash champion Shabana
In any discussion about squash, there are certain names that will surely pop up. These names include Egyptian player Amr Shabana, who is currently the director of the Egyptian national…
Bank are free to price the US dollar: CBE
This comes after the CBE fully floated the exchange rate on Thursday morning
CBE instructs exchange bureaux to buy US dollars at EGP 13, sell at EGP 14.35
Exchange bureaux companies operating in the Egyptian market began on Thursday morning to buy US dollars at EGP 13 and sell at EGP 14.35
US dollar registers EGP 14.3 for sale at private banks
The price of the euro against the national currency reached EGP 14.66 for buying and EGP 15.91 for selling
Al-Sisi officially issues Civil Service Law, state employees to receive bonuses retroactively
Law was passed despite protests by state employees
‘Zeinab: a life journey’ selected as best documentary at Egyptian National Film Festival
The documentary tells the story of a woman from Upper Egypt that decided to peruse her desires despite depressing surroundings