Business
Egypt to sell $1 bln in dollar-denominated one-year treasury bills – Cbank
December 7, 2017
Egypt to sell $1 bln in dollar-denominated one-year treasury bills – Cbank
Egypt will sell $1 billion in dollar-denominated, one-year treasury bills on December 11, the central bank said on Thursday. Appetite…
Sweeping increase in US dollar value against Egyptian pound on Wednesday
December 6, 2017
Sweeping increase in US dollar value against Egyptian pound on Wednesday
The US dollar saw a sweeping increase in its exchange rate against the Egyptian pound – as well as various…
Egypt’s Atoll gas field begins test production: minister
December 5, 2017
Egypt’s Atoll gas field begins test production: minister
Test production at Egypt’s Atoll offshore gas field began on Tuesday with a production capacity of 300 million cubic feet…
Egypt says 4 bln dollars of debt paid to African Export-Import Bank
December 5, 2017
Egypt says 4 bln dollars of debt paid to African Export-Import Bank
Egypt has paid back a total $4 billion to the African Export-Import Bank, the central bank said on Tuesday. The…
CBE: foreign reserves rise by $20 million in November
December 4, 2017
CBE: foreign reserves rise by $20 million in November
The Central Bank of Egypt (CBE) said that the country’s net foreign currency reserves rose by $20 million at the…
US dollar slightly up on Monday
December 4, 2017
US dollar slightly up on Monday
The US dollar exchange rate slightly rose against the Egyptian pound in the dealings of Egypt’s banking sector on Monday after…
Growth rate has increased due to investment surge: Planning Minister
December 3, 2017
Growth rate has increased due to investment surge: Planning Minister
Egypt’s Minister of Planning Hala Al-Saeed said Thursday that a rise in investments in the country has contributed to…
US dollar price unstable on Wednesday
November 29, 2017
US dollar price unstable on Wednesday
The US dollar exchange rate against the Egyptian pound was unstable in Egyptian banks on Wednesday. According to the latest…
Forbes celebrates 100-year anniversary by honoring Egyptian business innovators
November 28, 2017
Forbes celebrates 100-year anniversary by honoring Egyptian business innovators
Gathered in the luxurious setting of the Nile Ritz-Carlton Hotel sat some of the most brilliant minds in Egypt; upon…
Global container companies reinstate their activates in Egypt
November 28, 2017
Global container companies reinstate their activates in Egypt
Global container companies Hapag Lloyd, Yang Ming, Mitsui, NYK and K-line said on Monday that they will resume their navigation…