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Tuesday’s US dollar to Egyptian pound exchange rate
Business

Tuesday’s US dollar to Egyptian pound exchange rate

The US dollar to Egyptian pound exchange rate on Tuesday recorded LE15.61 for purchase and LE15.70 for sale in The…
UAE central bank expects GDP growth as country recovers from COVID restrictions
Middle East

UAE central bank expects GDP growth as country recovers from COVID restrictions

DUBAI, June 17 (Reuters) – The central bank of the United Arab Emirates said the country’s gross domestic product will…
France opens graft probe into Lebanon’s central bank chief
Middle East

France opens graft probe into Lebanon’s central bank chief

PARIS (AP) — The French national financial prosecutor’s office has opened a preliminary investigation into the actions of Lebanon’s central…
Mohamed Ramadan’s funds allegedly seized by state
Cinema/TV

Mohamed Ramadan’s funds allegedly seized by state

Egyptian Singer and actor Mohamed Ramadan announced on Friday that the state has seized money he deposited into his bank account.…
US Dollar to Egyptian pound exchange rate increases for Wednesday
Business

US Dollar to Egyptian pound exchange rate increases for Wednesday

The US dollar to Egyptian pound exchange rate increased on Wednesday recording LE15.61 for purchase and LE15.71 for sale as…
European Investment Bank’s investments in Egypt reach €9 billion
Business

European Investment Bank’s investments in Egypt reach €9 billion

The European Investment Bank (EIB) will enhance its partnership with Egypt to fund infrastructure projects and small and medium sized…
Iran’s central bank proposes slashing four zeros from falling currency: IRNA
Middle East

Iran’s central bank proposes slashing four zeros from falling currency: IRNA

  DUBAI (Reuters) – Iran’s central bank has proposed slashing four zeros from the rial, state news agency IRNA reported…
Qatar reshuffles cabinet, boards of Qatar Petroleum and Qatar Investment Authority
Middle East

Qatar reshuffles cabinet, boards of Qatar Petroleum and Qatar Investment Authority

DOHA (Reuters) – Qatar appointed the heads of its biggest bank and state-run oil firm to two key ministerial posts…
Egypt market capital falls LE25 billion after Mubarak’s sons arrested
Egypt

Egypt market capital falls LE25 billion after Mubarak’s sons arrested

  The Egyptian Exchange’s (EGX) market capital fell by LE25 billion, closing at LE825 billion on Sunday, after police arrested…
Egypt names HSBC lead bank for listing of Alexandria Mineral Oils Company
Business

Egypt names HSBC lead bank for listing of Alexandria Mineral Oils Company

  CAIRO (Reuters) – Egypt has named HSBC as lead bank to manage a public offering for a 20 percent…
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