DNE News Brief: 23 October 2016
https://youtu.be/Cn_2OjSgA5c Daily News Egypt's round up of today's headlines in politics, business,…
State of uncertainty over devaluation of Egyptian pound after president meets CBE governor
A senior banker ruled out any move by the CBE before 11…
ICA seizes 2,436 tonnes of expired food products: Industry and Trade Ministry
The ICA previously seized 100 tonnes of beans from an agricultural crops…
$7bn decrease in Egypt’s imports over 9-month period: Trade and Industry Ministry
Exports on the other hand increased by $1bn over nine months, says…
InterCairo Aluminum to cancel IPO procedures due to US dollar exchange hikes
The company froze its expansion plans due to its financial crisis resulting…
Asset Management firms lose private insurance funds and portfolios in revenues improvement
Fund and portfolio owners preferred hiring full-time investment managers or granting a…
Outstanding balance of treasury bonds reaches EGP 753bn end of September: Finance Ministry
Bonds worth $3bn will be repaid by 17 December, while other bonds…
FEB declares definitive rejection of applying, registering under VAT Law: board member
The federation sent a memo to the CBE, detailing the banks’ rejection…
Banks working to prevent customer manipulation on electronic payment cards abroad
New controls and shortening limits on card usage are being implemented to…
DNE News Brief: 22 October 2016
https://youtu.be/h2VFxabPUSY Daily News Egypt's round up of today's headlines in politics, business,…