Dollar shortage is one of the main obstacles that Egypt currently trying to overcome in order to …
Tag:
dollar shortage
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Industry & Trade
Suez Cement refutes Italcementi’s plans to exit Egypt market
by Yomna Yasserby Yomna YasserSuez Cement, Egypt’s largest listed cement maker by market value, has denied plans to exit the Egyptian …
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Industry & Trade
Sawiris: Clear economic vision needed to revive Egypt investment climate
by Yomna Yasserby Yomna YasserEgypt’s investment climate needs a clear economic vision set by the government, said Egyptian tycoon Samih Sawiris …
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Banks
Western Union transfers from Egypt to China curbed amid dollar shortage
by Yomna Yasserby Yomna YasserMoney transfers from Egypt to China via Western Union have been curbed in recent weeks to stop …
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Banks
Egyptian oil firm EGPC denies talks to delay dollar payments to banks
by Yomna Yasserby Yomna YasserEgyptian General Petroleum Corp (EGPC) denied Tuesday any negotiations with banks to delay dollar payments owed to …
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Banks
Egypt’s General Petroleum Corp in talks to delay dollar payments owed to banks
by Yomna Yasserby Yomna YasserState-run Egyptian General Petroleum Corp (EGPC) did not receive its full dollar needs from the central bank …
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Industry & Trade
Egypt’s GB Auto urges Govt support for industry to avert future crisis
by Yomna Yasserby Yomna YasserEgypt’s largest car assembler and distributor GB Auto (AUTO.CA) says it is pushing ahead with its expansion …
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Egypt’s central bank strengthened the pound on Wednesday for the first time since 2013, injecting dollars into …
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Hisham Ramez, governor of the Central Bank of Egypt (CBE), will hold a meeting next Thursday with …
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The Egyptian dollar-denominated certificate of deposit launched by the National Bank of Egypt (NBE), Banque Misr, National …
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