Latest in Tag: hard currency Highlight
Latest in Tag: hard currency

Low steel production and factories losses due to lack of hard currency: Ezz steel
Ezz Steel sells 8.4m tonnes of steel annually, including 1.8m tonnes of which are imported

CBE to inject $1bn after new governor officially takes office
Last week CBE issued $1bn as part of bank’s plan to flood the market with a total of $4bn to meet the requests for foreign currency in import contracts

CBE to provide $4bn in hard currency for import contracts: FEI head
NBE and Banque Misr provided $800m in the past few days to release goods in ports, says El-Sewedy
Mehleb receives export councils’ memorandum to review CBE’s policies
CBE governor does not accept requests to meet with exporters or importers, says ECBM head

Plan to reduce wheat unloading duration to save hard currency: Supply Ministry
Decrease of wheat unloading times from ships helps save hard currency paid for docking ships in ports, says Hanafy
Sanmar aims for increased Egyptian investments in Egypt
Company projects approximately $1.3bn investment and $150m injected into expansion of PVC production for 2015
Three foreign affairs officials referred to prosecution
Defendants forged official documents, taking in more than EGP 7m