Economy
Egypt Central Bank, no intention to pass digital currency trading legislation
August 23, 2017
Egypt Central Bank, no intention to pass digital currency trading legislation
Egypt’s central bank said it has no intention of issuing legislation or passing a special law that allows the trading…
US dollar exchange rate records minor change Tuesday
August 22, 2017
US dollar exchange rate records minor change Tuesday
The exchange rate of the US dollar recorded slight variations against the Egyptian pound during banking dealings Tuesday. According to…
Lebanese president signs public sector pay rise and tax hike laws
August 21, 2017
Lebanese president signs public sector pay rise and tax hike laws
Lebanese President Michel Aoun signed off on public sector wage increases and related tax hikes on Monday, the national news…
US dollar maintains prices Sunday
August 20, 2017
US dollar maintains prices Sunday
The US dollar maintained its rates against the Egyptian pound within banking dealings Sunday. According to the last price updates,…
US pharmaceutical companies look to increase investments in Egypt
August 19, 2017
US pharmaceutical companies look to increase investments in Egypt
Representatives of US pharmaceutical companies expressed their interest in a possible increase of investments in Egypt, and praised the measures…
World stocks skid as US politics, Spain attack hit sentiment
August 18, 2017
World stocks skid as US politics, Spain attack hit sentiment
World stock markets fell Friday as investors reacted to US political upsets and the terror attack in Spain. European shares…
US dollar maintains its prices in Egypt’s banks
August 17, 2017
US dollar maintains its prices in Egypt’s banks
The exchange rate between the US dollar and the Egyptian pound was stable during banking trade on Thursday morning. Banking…
Egypt’s first bitcoin exchange to begin trading this month
August 17, 2017
Egypt’s first bitcoin exchange to begin trading this month
Egypt’s first bitcoin exchange will go live later this month, the founders of Bitcoin Egypt said, linking the Middle East’s…
Egypt’s central bank seen holding interest rates after unexpected hikes
August 17, 2017
Egypt’s central bank seen holding interest rates after unexpected hikes
Egypt’s central bank is seen leaving key interest rates unchanged this month, a Reuters poll indicated on Tuesday, after it…
Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg
August 16, 2017
Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg
Egypt’s tourism revenues rose to $1.5 billion in the fourth quarter of 2017, up from $510 million in the same…