Tag: US dollar shortage

US dollar shortage negatively affects banks financing import operations, lending to projects with a foreign component

The US dollar shortage has negatively affected banks' activities that are related…

Hossam Mounir Hossam Mounir

US dollar shortage restricts activities of credit leasing companies

Import companies have suspended operations amid difficulty opening letters of credit, says…

Hossam Mounir Hossam Mounir

EIPICO postpones development plans due to US dollar shortage

The delayed development plans include recently announced new activities due to directing…

Mohamed Ahmed Mohamed Ahmed

US dollar shortage threatens NCMP EGP 1.2bn expansion plan

The National Company for Maize Products (NCMP) is considering temporarily suspending its…

Mohamed Ahmed Mohamed Ahmed

Dollar shortage created an inflationary recession in the local market: investors

Manufacturers rely on the informal market for US dollars, and securing 25%…

Hisham Salah Hisham Salah