US dollar

Egypt’s markets, industrial sectors to witness recovery in June: expert
Business

Egypt’s markets, industrial sectors to witness recovery in June: expert

Matti Beshay, an expert with the General Division of Importers, said on Wednesday that the market is suffering stagnation despite…
US dollar prices continue declining against the Egyptian pound
Business

US dollar prices continue declining against the Egyptian pound

US dollar prices continued declining against the Egyptian pound in several banks on Wednesday after witnessing a decline by three…
Egypt’s foreign currency reserves up to $45.42 billion in December: CBE
Business

Egypt’s foreign currency reserves up to $45.42 billion in December: CBE

Egypt’s foreign currency reserves increased to US$45.42 billion in December compared to $45.35 billion in November, the Central Bank of…
US dollar exchange rate in Egypt declines under LE16 mark
Business

US dollar exchange rate in Egypt declines under LE16 mark

The US dollar exchange rate made a new record decline against the Egyptian pound, falling below the LE16 mark for…
Cabinet sets 5 conditions for granting Egyptian nationality to foreigners
Business

Cabinet sets 5 conditions for granting Egyptian nationality to foreigners

The Egyptian Cabinet approved on Tuesday a draft law to regulate granting Egyptian nationality, setting five conditions, according to the…
Lebanon crisis wreaks havoc on Syria’s war-torn economy
Middle East

Lebanon crisis wreaks havoc on Syria’s war-torn economy

AMMAN (Reuters) — A financial crisis in Lebanon has hit the economy of neighboring Syria hard, choking off a vital…
Company profits in Egypt surge to pre-pound flotation rates: Bloomberg
Business

Company profits in Egypt surge to pre-pound flotation rates: Bloomberg

Profits recorded by Egyptian companies have returned to pre-November 2016 rates, when the Egyptian pound was floated, according to a…
US Dollar maintains stable prices against Egypt Pound: CBE
Egypt

US Dollar maintains stable prices against Egypt Pound: CBE

US dollar exchange rates maintained stable prices against the Egyptian pound on Sunday in several banks, falling by over LE1.75…
US dollar price varies in local market Friday
Business

US dollar price varies in local market Friday

The US dollar exchange rate varied in the Friday trading session in banks operating on the local market, recorded at LE16.09…
US dollar price further declines in local banks
Economy

US dollar price further declines in local banks

The dollar exchange rate fell to its lowest level in recent years at the end of the Thursday trading session…
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