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" Dollars"

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Egypt - Tourism
2/11/2024 10:56:08 PM
EgyptAir denied on Sunday that its tickets booked inside Egypt are paid for in US dollars, after someone on social media claimed two days ago they could not pay for a ticket on EgyptAir's website in Egyptian pounds, paying in US dollars instead.

Business - Economy
2/5/2024 6:58:33 PM
The Central Bank of Egypt (CBE) announced Monday an increase in the reserves of foreign currencies by about 30 million dollars.

World - War in Ukraine
1/30/2024 3:14:39 PM
European Union nations have decided to approve an outline deal that would keep in reserve the profits from hundreds of billions of dollars in Russian central bank assets that have been frozen in retaliation for Moscow's war in Ukraine, an EU official said.

Sports - World
1/27/2024 5:22:48 PM
Struggling Lyon announced on Saturday they had signed former Chelsea and Manchester United midfielder Nemanja Matic from Ligue 1 rivals Rennes for a fee of 2.6 million euros (2.8 million dollars).

Egypt - Politics
1/24/2024 4:46:28 PM
President Abdel-Fattah El-Sisi said Egypt faces a recurring dollar shortage crisis every few years primarily due to the government providing basic services to citizens in the Egyptian pound while needing to purchase them in dollars.

World - War in Ukraine
1/18/2024 1:16:23 PM
It's been nearly two years since the United States and its allies froze hundreds of billions of dollars in Russian foreign holdings in retaliation for Moscow's invasion of Ukraine.

Business - Economy
1/3/2024 7:12:27 PM
The Egyptian Cabinet approved the sale of specific tracts of land to foreign companies in US dollars, according to a statement on Wednesday, the latest in a series of steps meant to attract hard currency by selling property to foreigners and expats.

Al-Ahram Weekly - Economy
1/2/2024 8:30:22 PM
Efforts to stem the parallel market for dollars are continuing, reports Niveen Wahish

Business - Economy
12/23/2023 6:43:27 PM
Global central banks’ reserves of US dollars declined to 59.2 percent during the third quarter of 2023 from 59.4 percent the previous quarter, the lowest figure since Q4 of 2022, according to the latest data released by the International Monetary Fund (IMF).

Egypt - Society
12/16/2023 2:09:08 PM
Egypt's Prime Minister Mostafa Madbouly issued a decree on Saturday mandating that foreigners seeking tourist and non-tourist residency provide evidence of payment, in dollars or equivalent foreign currencies, for residency fees, late fines, or expenses related to residence card issuance.

World - Region
11/30/2023 6:44:56 PM
The launch of a climate "loss and damage" fund drew praise and hundreds of millions of dollars in pledges at the UN's COP28 talks on Thursday but also warnings that much more is needed to help vulnerable nations.

Business - Economy
11/24/2023 11:09:25 AM
Egypt is considering selling real estate units in US dollars to foreigners and expatriates in a collaborative initiative with the private sector, according to a Cabinet statement released on Thursday.

Business - Economy
11/7/2023 4:42:07 PM
Egypt is considering purchasing tea from Kenya through barter trade instead of tapping into its dwindling reserve of US dollars, said Kenyan Treasury Secretary Njuguna Ndung’u.

World - War in Ukraine
9/21/2023 9:53:34 PM
Ukrainian President Volodmyr won a promise of "significant" new air defense weapons from the White House Thursday but he warned Kyiv could lose the war with Russia if Republican lawmakers cut the flow of billions of dollars in US military aid.

Life & Style - City Lights
9/14/2023 2:39:15 PM
The Embassy of Singapore in Cairo held a reception party on 12 September to mark Singapore’s 58th National Day.

World - Region
9/3/2023 6:25:43 PM
Much of the world takes daily weather forecasts for granted. But most of Africa's 1.3 billion people live with little advance knowledge of what’s to come. That can be both deadly and expensive, with damage running in the billions of dollars.

Egypt - Society
8/31/2023 2:28:43 PM
The Egyptian government will require foreigners applying for residency to pay fees in hard currency, according to a Cabinet statement on Thursday.

Egypt - Foreign Affairs
8/29/2023 3:52:00 PM
Zambia’s Drug Enforcement Commission (DEC) charged five Egyptian nationals and six Zambians with "espionage" on Monday in connection with the incident of seizing a private jet - reportedly laden with gold and dollars - in Keneth Kaunda International Airport in Lusaka two weeks ago.

Al-Ahram Weekly - Egypt
8/24/2023 7:30:00 PM
Despite adopting various unconventional means to attract dollar funds, these may be insufficient to cover Egypt’s needs for hard currency.

Egypt - Foreign Affairs
8/16/2023 6:43:23 PM
An informed Egyptian source said that the plane that was recently seized by the Zambian authorities in Lusaka -- reportedly carrying $5.6 million in cash and 602 suspected gold bars weighing 127.2 kg -- is not an Egypt-flagged aircraft.

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