August 10, 2022
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Homehard currency

hard currency

Egypt Latest News

Egypt accused of ‘faking’ $42bn in foreign currency reserves

March 6, 2018 MEO Staff

Economist Sameh Abu Arayes says loans make up large chunk of purported $42bn of foreign reserves in Egypt Egyptian economics expert Sameh Abu Arayes said on Monday that a claim by the Egyptian Central Bank [ More … ]

Egypt Latest News

No Official Confirmation On the Resumption Of the Russian Flights To Egypt

August 28, 2016 Ahmed Rashed

“There is no official confirmation from the Russian government or officials on lifting the ban on the Russian tourism to Egypt,”  Minister of Tourism Yahiya Rashed told AL-Shorouk. Egypt’s tourism has declined since the first half [ More … ]

Egypt Latest News

Salaries of Egypt’s Diplomatic Missions Postponed Due to the Hard Currency Crisis

August 24, 2016 Ahmed Rashed

The Egyptian Foreign Ministry has dispatched a cable, of which Mada Masr obtained a copy, to all the Egyptian diplomatic missions aboard. The cable said that the August salary will be postponed as “the payroll has not [ More … ]

Egypt Latest News

Al-Sisi: Hard Days Ahead Tough Measures Seeking The IMF Loan

August 1, 2016 Ahmed Rashed

Ahead to reaching an agreement with the International Monetary Fund (IMF), Abdel Fattah al-Sisi warned Egyptians of hard days. Al-Sisi stated on  Monday that tough measures would be needed to turn the country’s ailing economy [ More … ]

Egypt Latest News

Egypt: The Dollar approaching LE 13 in the Black Market

July 25, 2016 Ahmed Rashed

The Dollar has witnessed an unprecedented increase in Egypt’s black market recently. According to local reports, the dollar selling price ranged between 12.50 and 12.60 Egyptian pounds while its purchase price was around 12.30 pounds. In [ More … ]

Latest

Egypt: Current political climate prompts public figures to stop sharing views publicly

Egypt Latest News
August 9, 2022

Rising cost of Egypt’s most popular dish, Koshari, causes concern among citizens

Egypt Latest News
August 8, 2022

Egypt: Former army colonel dies in prison due to medical negligence

Egypt Latest News
August 6, 2022

KSA acquires stake in largest Egyptian fertilizer company, MOPCO

Egypt Latest News
August 5, 2022

Egypt: A high school student dies in police station; police say his death was natural

Egypt Latest News
August 4, 2022
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