Banks loosen restrictions on US dollars abroad after foreign exchange resources improve following pound flotation
Banks operating in the local market have begun to ease restrictions set…
Former Police Club manager released following interrogation over EGP 25 bribe
No evidence of corruption could be found against him, says lawyer
Health sector requires $2.6bn annually from foreign exchange: Prime Minister
Pharmaceutical factories must continue to work at full capacity to cover local…
$26m increase in CBE’s foreign exchange reserves in June
The value of gold included in the reserves increased to $2.602bn in…
CBE to reveal its foreign exchange reserves this week
Debt repayment to Qatar and Paris Club countries is likely to impact…
Foreign aid, loans kept foreign exchange reserves cohesive under Muslim Brotherhood and Al-Sisi
The Egyptian pound lost 16% of its value against the US dollar…
$510m increase in Egypt’s foreign exchange reserves in May: CBE
The Central Bank of Egypt (CBE) announced that foreign reserves increased by…
Head of IMF Mission to Egypt urges for measures to reduce budget deficit
External debt is within safe limits and can be managed, but local…
Ezz Steel expects continued foreign exchange challenges, decline of global market in short-term
The company managed to turn profits in Q4 of 2015, and reduce…
$56m increase in foreign exchange reserves at end of February: CBE
The Central Bank of Egypt (CBE) revealed Thursday the balance of foreign…