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Egypt Weighs Shift to Long-Term Borrowing to Finance Deficit ... - Bloomberg

Egypt is considering shifting away from costly short-term domestic debt towards longer-term borrowing, as falling interest rates provide cheaper options to finance its fiscal deficit, according to the nation's finance minister. Leggi

US dollar exchange against Egyptian pound on Thursday - Egypt Independent

US dollar exchange rates maintained stable prices against the Egyptian pound in bank dealings on Thursday. According to the latest price updates, the dollar recorded LE17.57 for purchase and LE17.67 for sale in Banque Misr and the National Bank of ... Leggi

Egypt's rice farmers see rough times downstream of new Nile mega ... - Reuters

Abdelkhaleq took to the local mosque's loudspeaker last month to say the government was doubling the fine for unauthorized rice cultivation to 7,600 pounds per feddan. Mostafa al-Naggari, who heads the rice committee of Egypt's agricultural export ... Leggi

How Egypt's stubborn poverty threatens strongman Sisi's grip - Christian Science Monitor

In compliance with the IMF loan, Sisi's government has increased the Value Added Tax on goods and businesses, devalued the Egyptian pound, and cut fuel subsidies. The government is set to cut fuel subsidies a second time this June. There are ... Leggi

Egyptian pound remains stable against US dollar Sunday - Egypt Independent

The US dollar maintained its price against the Egyptian pound at an average of LE 17.56 during bank dealings on Sunday. According to the latest updates, the US dollar maintained its price recording LE 17.55 for purchase and LE 17.65 for sale in the ...altro » Leggi

MIDEAST STOCKS-Saudi surges again on inflows, earnings as ... - Reuters

Saudi exchange data shows record foreign inflows last week* Bank Aljazira jumps after Bahrain's Ahli United buys stake* Dubai's DAMAC sinks after it cuts dividend* TAQA continues soaring in Abu Dhabi* "Full-fledged bull market" in EgyptBy Hadeel Al ... Leggi

Game-changing Insights into the Real Estate Market - Egypt Today - Egypttoday

Cairo - 23 April 2018: As the real estate market continues to improve in Egypt, new trends are shaping the market in 2018. The report released by Propertyfinder Egypt shows a growth rate of 133% to the number of listings added to its portal. This ...altro » Leggi

Egypt 2018/19 budget assumes rate of 17.25 Egyptian pounds to ... - Reuters

CAIRO, March 29 (Reuters) - Egypt's 2018-2019 budget will assume an exchange rate of 17.25 Egyptian pounds per U.S. dollar and an oil price of 67 dollars a barrel, Prime Minister Sherif Ismail told reporters on Thursday. The pound halved in value after ... Leggi

Egypt's Oriental Weavers to issue 1.5 Egyptian pound dividend - gulfnews.com

Cairo: Egypt's Oriental Weavers, the world's largest producer of synthetic carpets, said on Wednesday it would issue a 1.5 Egyptian pound ($0.0849) per share dividend for 2017 earnings on April 19. “The dividend will be for shareholders through the end ... Leggi

Egyptian women replace smoking with qatrouna - Al-Monitor

A package of 40 grams [1.4 ounces] costs only 1 Egyptian pound [$0.05]. Once you grind it well, it becomes soft and chewable.” Nour then distributes some to the women sitting next to her and puts what is left in a container, which she then places in ... Leggi