Exchange
Egypt’s dollar black market resilient despite new threat of jail terms
Business
August 17, 2016
Egypt’s dollar black market resilient despite new threat of jail terms
Desperate to elude roving financial police and fearful of new jail terms for black-market money-changing, Egypt's currency traders are driving…
Egypt to launch agricultural commodities bourse by year-end
Business
February 1, 2016
Egypt to launch agricultural commodities bourse by year-end
Egypt plans to launch an agricultural-focused commodities trading exchange, the first of its kind in the Middle East, by the…
One person cannot cause the economy to collapse: Al-Borai
Egypt
October 24, 2015
One person cannot cause the economy to collapse: Al-Borai
Human rights activist Negad al-Borai tweeted on Friday that people should not believe that one person alone could cause the…
Egypt might set LE20.000 ceiling for non-bank cash exchange
Business
February 4, 2015
Egypt might set LE20.000 ceiling for non-bank cash exchange
The government is considering a ceiling of LE20.000 for cash exchanges outside banks, purportedly to reduce economic and security risks,…
Egypt pound weakens at central bank’s dollar sale and on black market
Business
April 14, 2014
Egypt pound weakens at central bank’s dollar sale and on black market
The Egyptian pound weakened at a central bank dollar sale and on the black market on Monday, after hitting a…
Stock market loses more than LE88bn in first half of 2011
Business
July 2, 2011
Stock market loses more than LE88bn in first half of 2011
The Egyptian stock market lost LE88.5 billion of its market capital in the first half of 2011 and its indexes…
Egyptian exchange sees highest rise in 4 months
Business
September 14, 2010
Egyptian exchange sees highest rise in 4 months
Egypt’s stock exchange rose significantly yesterday in its first session following the Eid al-Fitr vacation, with foreign investors demonstrating an…