Al-Beltagi: Real risk to Egypt’s economy is exodus of investors
Sukuk to be used as source of funding for development projects, he…
Balance of payments deficit drops 93% in 2012-13
The Central Bank of Egypt cited increased remittances from Egyptians working abroad…
Central Bank launches new initiative to boost tourism sector
Amr Shetta, from Orascom Hotels and Development, said that ‘it is not…
Central Bank: EGP 72.7bn in increased domestic liquidity reported by the end of December 2012
The increase in the nation’s monetary supply reflected an EGP 11bn, or…
EGP 122.2bn in taxes collected by 4 March
Taxes collected so far amounted to 86% of previous tax assessment figures,…
Foreign currency reserves decrease slower than expected
Egypt's foreign currency reserves dropped a further $105m over the last month,…
Ultras escalate protests ahead of Port Said trial
Ultras Ahlawy surrounded Central Bank and blocked airport road demanding retribution from…
Central Bank dollar supply continues to shrink
$37.8m were sold at a forex auction which began last December at…
Banks instate currency exchange regulations
Purchases of dollars typically limited and sales generally require approval of the…
Sabbour: No foreign investment in the absence of stability and security
The President of the Egyptian Businessmen Association, Hussein Sabbour, relays to Daily…
