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Gov’t imposes new personal car import rules to curb USD outflows + Car dealers to import USD 1.8 bn worth of cars next year
The Investment Ministry now limits personal car imports to one every five years to save USD and boost auto localization
USD breaks the EGP 51 barrier
Good morning, all. It’s another calm morning in local and international business news as we inch closer to the new…
EGP falls to lowest level since March float, passing EGP 50 mark against the greenback
Good morning, folks. We’re kicking off the week with important energy updates, IPOs of military-owned companies pencilled in for 1Q…
Net foreign asset surplus rises to USD 10.3 bn in September
This is the country’s fifth month in the green after our net foreign assets shifted from deficit to surplus in…
S&P maintains Egypt’s positive credit outlook and rating
Egypt’s long- and short-term sovereign credit rating still stands at B-/B
Egypt’s net foreign assets surplus shrinks 27% to USD 9.7 bn in August
Despite the drop, this marks Egypt's fourth straight month in the green
Net foreign asset surplus shrinks 26.8% in August
Good afternoon, folks. Just tomorrow to go and then the long weekend. THE BIG STORY TODAY Egypt’s net foreign asset…
A look into Egypt’s non-banking financial sector
We spoke with several key players in the consumer finance sector during this year’s Enterprise Finance Forum
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