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Egyptian pound steady on official, weaker on black market

Egyptian pound steady on official, weaker on black market

Egypt's central bank kept the pound steady at 7.53 pounds to the dollar at a foreign exchange auction on Monday,…
Egypt eager to add new zones to QIZ

Egypt eager to add new zones to QIZ

Egyptian Industry and Trade Minister Mounir Fakhry Abdel Nour has said that his country is eager to add more geographical areas…
Egypt’s market gains LE3 billion on Monday, EGX30 rises 0.62 %

Egypt’s market gains LE3 billion on Monday, EGX30 rises 0.62 %

Egypt's market main index EGX30 rose 0.62 percent on Monday's session to record 9,118.97 points with turnover of LE440 million,…
Expert: Cash transactions cost state 1.5 percent of GNP

Expert: Cash transactions cost state 1.5 percent of GNP

Cash transactions cost the state about 1.5 percent of GNP, including the cost of printing money and securing the transfer…
Government predicts decline in Suez Canal’s GDP share

Government predicts decline in Suez Canal’s GDP share

The Egyptian government has predicted the Suez Canal's GDP share to decline gradually over the next five years, reaching 1.6…
Tourism Minister decreases number of tourism offices abroad

Tourism Minister decreases number of tourism offices abroad

Al-Masry Al-Youm has received a copy of the Tourism Minister Khaled Rami's decision to decrease the number of overseas tourism offices…
CBE bans exchange of US$100 bills to counter smuggling

CBE bans exchange of US$100 bills to counter smuggling

The Central Bank of Egypt (CBE) has decided to ban the exchange of US$100 bills for banking clients and has…
Egyptian pound steady on official, stronger on black market

Egyptian pound steady on official, stronger on black market

 Egypt's central bank kept the pound steady at 7.53 pounds to the dollar at a foreign exchange auction on Sunday,…
Egypt’s market gains LE2.3 billion on Sunday, EGX30 inches up 0.12 %

Egypt’s market gains LE2.3 billion on Sunday, EGX30 inches up 0.12 %

Egypt's market main index EGX30 inched up by 0.12 percent on Sunday's session to record 9,062.99 points on a weak…
Investors demand Egyptian Exchange chairman’s removal

Investors demand Egyptian Exchange chairman’s removal

A number of investors in the Egyptian stock market protested Sunday outside the Egyptian Exchange building in Downtown Cairo, amid…
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