Egypt’s central bank has agreed with Egyptian investors to settle credit lines opened before it floated the …
Tag:
dollars
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International News
States that Trump won have lion’s share of Obamacare subsidies to lose
by nada nasserby nada nasserThey gave Donald Trump the White House — and now the president-elect could take billions of dollars …
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Banks
Central bank of Egypt lets banks allocate more dollars to clients: bankers
by Yomna Yasserby Yomna YasserEgypt’s central bank has told banks they may allocate dollars to a wider range of clients, bankers …
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World
Australian shares lead broad losses across Asia; Ardent Leisure tumbles 15%
by Yomna Yasserby Yomna YasserAustralian shares led widespread losses in Asia-Pacific on Wednesday, with shares of Ardent Leisure, operator of Dreamworld …
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The Central Bank of Egypt (CBE) launched Tuesday its regular weekly auction to sell US dollars to …
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Banks
Egypt chooses 4 banks to offer Egyptian dollar bonds in international markets
by aya salahby aya salahThe Ministry of finance has chosen yesterday 4 international investment banks to offer Egyptian dollars bonds in …
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The runaway popularity of “Pokemon Go” has opened up a lucrative market. People who sell gaming accounts …
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Banks
Egypt aims to slash import bill by 25% in 2016: c.bank governor
by Yomna Yasserby Yomna YasserEgypt aims to reduce its import bill by 25 percent in 2016 compared to the previous year …
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forex news
Dollar steadies, commodity currencies lose steam as crude rebound fizzles
by Noha Gadby Noha GadThe dollar held steady against a basket of currencies on Wednesday following a rise in U.S. debt …
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Egypt News
The Economist: Egypt’s foreign reserves; Dwindling dollars
by Yomna Yasserby Yomna YasserFacing a shortage of foreign exchange, Egypt allows its currency to fall. Despite the government’s best efforts, …