Tag: hard currency

Cashback, hard currency: Egypt’s new initiative to boost real estate sales to expatriates, foreigners

Tarek Shoukry, the head of the Real Estate Development Chamber at the…

Daily News Egypt Daily News Egypt

Low steel production and factories losses due to lack of hard currency: Ezz steel

Ezz Steel sells 8.4m tonnes of steel annually, including 1.8m tonnes of…

Badway Shalaby Badway Shalaby

CBE to inject $1bn after new governor officially takes office

Last week CBE issued $1bn as part of bank’s plan to flood…

Menna Samir Menna Samir

CBE to provide $4bn in hard currency for import contracts: FEI head

NBE and Banque Misr provided $800m in the past few days to…

Shaimaa Al-Aees Shaimaa Al-Aees

Mehleb receives export councils’ memorandum to review CBE’s policies

CBE governor does not accept requests to meet with exporters or importers,…

Shaimaa Al-Aees Shaimaa Al-Aees

Plan to reduce wheat unloading duration to save hard currency: Supply Ministry

Decrease of wheat unloading times from ships helps save hard currency paid…

Shaimaa Al-Aees Shaimaa Al-Aees

Sanmar aims for increased Egyptian investments in Egypt

Company projects approximately $1.3bn investment and $150m injected into expansion of PVC…

Mohamed Adel Mohamed Adel

Three foreign affairs officials referred to prosecution

Defendants forged official documents, taking in more than EGP 7m

Nouran El-Behairy Nouran El-Behairy