Egypt’s economic outlook revised to ‘stable’
Capital Intelligence Ratings (CI Ratings) has revised the Outlook on Egypt’s Long-Term Foreign Currency Rating (LT FCR) and Long-Term Local ...
Tag: Foreign currency
Exchange firms attract foreign currency worth nearly EGP 25.5b since March
CAIRO – The National Bank of Egypt’s Al-Ahly Exchange, Banque Misr’s Misr Exchange and Banque du Caire’s Cairo Exchange have ...
Exchange firms attract foreign currency worth nearly EGP12.3b since March
CAIRO – The National Bank of Egypt’s Al-Ahly Exchange, Banque Misr’s Misr Exchange and Banque du Caire’s Cairo Exchange have ...
Foreign currency proceeds hit LE7.2bn since exchange rate liberalisation
CAIRO - Foreign currency proceeds of exchange companies affiliated to the National Bank of Egypt (NBE), Banque Misr and Banque ...
Report: Local banks’ foreign-currency liquidity improves
The banking sector’s foreign-currency (FC) liquidity should improve significantly following Egypt’s $35 billion deal with the United Arab Emirates, the ...
Egypt’s foreign currency reserves hit $35.2 bln in Dec.
CAIRO - The Central Bank of Egypt (CBE) has announced that the country's foreign currency reserves increased by $46 million ...
Foreign currency rates
At the National Bank of Egypt (NBE) and BanqueMisr, the dollar exchange rate was LE30.75 (buy) and LE30.85 (sell). At ...
Dollar prices stable at start of Wednesday’s transactions in Egypt’s major banks
The dollar exchange rate was stable at the start of Wednesday's transactions at Egypt's major banks. At the National Bank ...
Sisi reviews efforts to localise production of construction supplies
Egypt's President Abdel Fattah El Sisi reviewed the state efforts to localise the production of building and construction supplies, ...
Foreign currency reserves hike, dollar drops against Egyptian pound
The US dollar weakened again against the Egyptian pound amid optimism about a strong performance of the Egyptian currency during ...
The Egyptian Gazette is the oldest English-language daily newspaper in the Middle East.
It was first published on January 26, 1880 and it is part of El Tahrir Printing and Publishing House.