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Al-Ahram Weekly
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World
10/26/2024 2:51:00 PM
The first BRICS+ summit in Kazan saw a focus on enlarging the bloc and enhancing dealing with local currencies.
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Egypt
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Foreign Affairs
10/22/2024 11:58:00 PM
President Abdel-Fattah El-Sisi has urged promoting trade exchange in national currencies among BRICS nations and reforming the international financial system to benefit Cairo, Moscow and the developing world.
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Business
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Economy
10/14/2024 5:01:18 PM
The Central Bank of Egypt (CBE) announced Monday that it has allowed banks to open financial inclusion accounts in foreign currencies, besides the Egyptian pound.
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Egypt
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Foreign Affairs
2/13/2024 3:09:00 PM
Egypt is planning to urge BRICS member states to trade in their national currencies, according to a statement by the Ministry of Foreign Affairs on Tuesday, quoting the newly appointed Personal Representative of President Abdel-Fattah El-Sisi to the BRICS Summit Ambassador Ragy El-Etreby.
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Business
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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.
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Egypt
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Society
2/2/2024 1:42:32 PM
The Ministry of Education warned several international schools that charging fees in foreign currencies is a violation of the law after receiving various complaints from parents.
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Business
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Markets & Companies
2/1/2024 7:18:53 PM
The Egyptian Exchange (EGX) saw diverse performance in the week concluding on 1 February as investors awaited the Central Bank of Egypt's decision on key interest rates.
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Business
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Economy
1/14/2024 4:34:52 PM
Egypt plans to issue bonds in currencies of the members of the New Development Bank (NDB), including green, blue, social, and sustainable bonds, Minister of Finance Mohamed Maait said on Sunday during a meeting with the bank’s Vice President Vladimir Kazbekov.
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Business
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Markets & Companies
1/10/2024 4:09:28 PM
The Egyptian Exchange closed on Wednesday with a mixed performance, with a decline of 0.48 percent in the main index and a slight increase in the market cap, gaining EGP 5 billion. Meanwhile, gold prices dropped significantly.
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Al-Ahram Weekly
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Opinion
1/2/2024 8:31:05 PM
Could other currencies eventually replace the dollar as the world’s main reserve currency, asks Mahmoud Mohieldin
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Egypt
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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.
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Al-Ahram Weekly
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Egypt
12/12/2023 11:30:33 PM
The decision to allow the sale of real estate in foreign currencies is contributing to Egypt’s dollar crunch, according to industry experts, reports Safeya Mounir
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Al-Ahram Weekly
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Opinion
12/12/2023 7:48:47 PM
The high volatility of exchange rates and the probability that inflation rates remain high make it crucial to activate inflation-targeting frameworks in the developed and developing countries alike, writes Mahmoud Mohieldin
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Business
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Markets & Companies
12/4/2023 3:37:35 PM
The Egyptian Exchange (EGX) rebounded on Monday after the mixed performance yesterday. The main index gained around 700 points.
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Al-Ahram Weekly
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Opinion
11/28/2023 5:59:43 PM
What is the future of the world’s currencies in the present era of armed conflict, high levels of debt, and the increasing technological sophistication of payment systems, asks Mahmoud Mohieldin
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Business
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Markets & Companies
11/27/2023 4:17:02 PM
The Egyptian Exchange (EGX) indices returned to their active performance on Monday, and the main index recorded a new all-time high, approaching 26,000 points.
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Business
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Markets & Companies
11/23/2023 7:24:36 PM
The Egyptian Exchange (EGX) broke yesterday’s historic records and the main index recorded a new all-time-high on Thursday, surpassing 25,500 points. Gold prices declined, but stayed at the highest levels in months.
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Business
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Economy
11/20/2023 2:34:55 PM
Egypt and Saudi Arabia are considering the use of local currencies in trade exchange, said Yehia El-Watheq Bellah, head of the Egyptian Commercial Service (ECS).
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Business
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Markets & Companies
11/16/2023 3:12:47 PM
The Egyptian Exchange (EGX) reached new heights on Thursday after some sessions of fluctuations and moderate increases. Gold prices inched lower but were still the highest in months.
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Business
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Markets & Companies
11/12/2023 3:50:44 PM
The Egyptian Exchange (EGX) indices ended with mixed performance on Sunday, while gold prices inched higher.
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