US dollar
Poultry prices continue to rise, 1kg costs LE44
Business
February 7, 2017
Poultry prices continue to rise, 1kg costs LE44
Poultry prices continued to rise in Egypt markets yesterday, with 1kg of frozen poultry costing LE44, and 1kg of live…
Inflows into Egypt banks register $9 bn since pound flotation: Central Bank official
Business
February 1, 2017
Inflows into Egypt banks register $9 bn since pound flotation: Central Bank official
Total inflows into the Egyptian banking system have reached $9 billion since the Egyptian pound was floated in November, assistant…
Egyptian pound remains stable against US dollar
Business
January 30, 2017
Egyptian pound remains stable against US dollar
The Egyptian pound remained stable against the US dollar on Monday, selling between EGP 18.75-19.09 to the dollar in some banks.The Commercial…
Asian shares, US dollar retreat on Trump travel ban, reported US GDP
Business
January 30, 2017
Asian shares, US dollar retreat on Trump travel ban, reported US GDP
Asian share markets and Wall Street stock futures fell on Monday after immigration curbs introduced by US President Donald Trump…
Dollar steadies after stumble, Brexit ruling saps sterling
Business
January 24, 2017
Dollar steadies after stumble, Brexit ruling saps sterling
The US dollar and world stocks tip-toed higher on Tuesday, as signs of a revival of worldwide economic activity helped…
Hermes projects US dollar at LE15 by the end of 2017
Business
January 24, 2017
Hermes projects US dollar at LE15 by the end of 2017
EFG Hermes investment bank is expecting improvement in the Egyptian pound exchange rate by the end of the current year…
Egypt’s Suez Canal revenues fall to US$5 bln in 2016 from US$5.175 bln in 2015
Egypt
January 21, 2017
Egypt’s Suez Canal revenues fall to US$5 bln in 2016 from US$5.175 bln in 2015
Egypt's Suez Canal revenues fell to US$5.005 billion in 2016 from US$5.175 billion the previous year, Reuters calculations showed on…
Egypt on track to receive 2nd tranche of IMF loan
Egypt
January 19, 2017
Egypt on track to receive 2nd tranche of IMF loan
Egypt is on track to receive the second tranche of a US$12 billion three-year loan from the International Monetary Fund…
Egyptian pound strengthens: around 18 per dollar in banks
Business
January 9, 2017
Egyptian pound strengthens: around 18 per dollar in banks
The Egyptian pound remained steady at around 18 per US dollar in most banks on Sunday.The dollar was sold at…
Experts predict stable exchange rate for US dollar in second half of 2017
Business
December 28, 2016
Experts predict stable exchange rate for US dollar in second half of 2017
Some investment experts are predicting that the Egyptian pound will regain some strength against the US dollar during the second…