flotation of the EGP
US dollar exchange rate stable during Sunday trading
Business
November 12, 2017
US dollar exchange rate stable during Sunday trading
The US dollar exchange rate was stable against the Egyptian pound on Sunday morning trading in Egypt’s banks. The National Bank of…
Eligibility for food subsidy cards tightened
Egypt
August 9, 2017
Eligibility for food subsidy cards tightened
Egypt on Tuesday tightened rules for obtaining food subsidy cards, capping the number of new claimants per family and setting…
Coming to you from Kerdasa: Egypt’s first mini-car
Features/Interviews
August 8, 2017
Coming to you from Kerdasa: Egypt’s first mini-car
In Egypt, where many suffer under economic hardship, 35-year-old entrepreneur Ahmed Saeed al-Feki has been working hard to make something…
Egypt Reserves Reach Record High of Over $36 Billion
Economy
August 2, 2017
Egypt Reserves Reach Record High of Over $36 Billion
Egypt’s foreign reserves reached $36.036 billion in July, a record high, which the prime minister described as “good news” as…
Private sector still faces “risks” after EGP devaluation: Financial Times
Business
August 1, 2017
Private sector still faces “risks” after EGP devaluation: Financial Times
Factories and entrepreneurs in Egypt are still facing tremendous “risks” after the flotation of the Egyptian pound in November 2016, the…