flotation of the EGP

US dollar exchange rate stable during Sunday trading
Business

US dollar exchange rate stable during Sunday trading

The US dollar exchange rate was stable against the Egyptian pound on Sunday morning trading in Egypt’s banks. The National Bank of…
Eligibility for food subsidy cards tightened
Egypt

Eligibility for food subsidy cards tightened

Egypt on Tuesday tightened rules for obtaining food subsidy cards, capping the number of new claimants per family and setting…
Coming to you from Kerdasa: Egypt’s first mini-car
Features/Interviews

Coming to you from Kerdasa: Egypt’s first mini-car

In Egypt, where many suffer under economic hardship, 35-year-old entrepreneur Ahmed Saeed al-Feki has been working hard to make something…
Egypt Reserves Reach Record High of Over $36 Billion
Economy

Egypt Reserves Reach Record High of Over $36 Billion

Egypt’s foreign reserves reached $36.036 billion in July, a record high, which the prime minister described as “good news” as…
Private sector still faces “risks” after EGP devaluation: Financial Times
Business

Private sector still faces “risks” after EGP devaluation: Financial Times

Factories and entrepreneurs in Egypt are still facing tremendous “risks” after the flotation of the Egyptian pound in November 2016, the…
Back to top button