dollar crisis
Egypt’s exchange bureaus investigated for hoarding dollars
Business
April 4, 2016
Egypt’s exchange bureaus investigated for hoarding dollars
Egypt's General Prosecution is investigating around 15 exchange bureaus after the central bank reported them for hoarding dollars and contributing…
Dollar crisis hits pharma industry, causing shortages, possible production halt
Business
March 17, 2016
Dollar crisis hits pharma industry, causing shortages, possible production halt
Egypt's pharmaceuticals industry is facing a serious shortage of raw materials, as well as serious financial difficulties, as a result…
Egyptian pound hits all-time low against the dollar on black market
Business
March 9, 2016
Egyptian pound hits all-time low against the dollar on black market
The value of the Egyptian pound relative to the US dollar hit rock bottom last week, with US$1 equaling LE10…