Egypt’s pound remained stable on Thursday at 49.5 against the dollar, similar to the previous day’s closing …
Tag:
Egypt’s foreign currency shortage
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt’s non-oil activity suffers over Suez Canal disruption
by Nada Aliby Nada AliEgypt’s private sector activity declined in February, with the Suez Canal freight drop and foreign currency shortage …
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BanksEgypt NewsFeatureNewsTech/AI
Egypt’s sovereign USD bonds rally on Ras El-Hekma deal
by Nada Aliby Nada AliEgypt’s sovereign dollar bonds surged more than 1 cent on Monday, continuing the sharp rally after the …
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Banks
Egypt bans use of debit cards abroad on hard currency shortage
by Yomna Yasserby Yomna YasserEgypt has ordered banks to stop clients from using their Egyptian pound account debit cards abroad, a …
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Banks
World Bank: 4.4% growth in GDP forecasted for FY 2016/17 in Egypt
by Yomna Yasserby Yomna YasserEgypt’s annual growth is expected to ease to 3.3 percent in fiscal year 2015/16 ending on 30 …