US dollar
Limiting use of bank cards abroad prevents manipulation, says Egyptian expert
Egypt
December 26, 2022
Limiting use of bank cards abroad prevents manipulation, says Egyptian expert
Egyptian economist Hani Abul-Fotouh said that the withdrawal of foreign currency from outside the country using Egyptian bank cards is…
MP calls on govt to clarify plans about floating the Egyptian pound
Economy
December 8, 2022
MP calls on govt to clarify plans about floating the Egyptian pound
Member of the Egyptian Parliament, Amira Abu Shaqqa, called on the Ministry of Industry and Trade to draw up a…
Hani Genena reveals April as date of US dollar exchange rate stability
Business
November 12, 2022
Hani Genena reveals April as date of US dollar exchange rate stability
Egyptian economist Hani Genena announced that the Central Bank of Egypt’s increase interest rate by three percent in March came…
Gold price drops on Wednesday
Business
November 2, 2022
Gold price drops on Wednesday
The price of gold on Wednesday fell by LE2 per gram in conjunction with the rise in the price of…
Increase in rebar prices, factories not selling
Business
November 2, 2022
Increase in rebar prices, factories not selling
Ahmed al-Zainy, Chairman of the Building Materials Division, at the Federation of Egyptian Chambers of Commerce (FEDCOC), said that there…
What does an index for the Egyptian pound mean?
Business
October 26, 2022
What does an index for the Egyptian pound mean?
Economic and banking expert Ahmed Shawky said that issuing an index for the Egyptian pound is one of the most…
Dollar price stable at Egypt’s major banks
Egypt
October 25, 2022
Dollar price stable at Egypt’s major banks
The US dollar exchange rate was stable at the beginning of Tuesday’s transactions at Egypt’s major banks. At the National…
Egypt moves towards changing linking of pound to US dollar
Business
October 24, 2022
Egypt moves towards changing linking of pound to US dollar
The Acting Governor of the Central Bank of Egypt, Hassan Abdullah, stated that the Central Bank is on its way…
Banks in Egypt reduce cash withdrawal limits abroad
Business
October 6, 2022
Banks in Egypt reduce cash withdrawal limits abroad
A number of Egyptian banks have reduced the limits of cash withdrawals for customers outside Egypt, in a measure aimed…
Will Moscow eliminate the dominance of the dollar with the support of friendly countries?
Features/Interviews
September 30, 2022
Will Moscow eliminate the dominance of the dollar with the support of friendly countries?
With the price of the dollar rising to its highest level in 20 years and the Russian ruble achieving superiority…