Latest in Tag: importers Highlight
Latest in Tag: importers
Trade Ministry improves services provided to exporters, importers
Gamea said that these services contribute to facilitating the movement of trade between Egypt and various global markets.
Egypt’s importers call for 3-month extension to ACI registration deadline
Speaking on the division’s behalf, Ahmed Al-Mallwani, Head of the Foreign Trade Committee, said that this would allow for all problems to be carefully studied.
Egypt scraps foreign exchange restrictions for importers
CBE removes caps for deposit, withdrawal of foreign currency for importers of non-essential goods
Non-resident capital inflows to MENA to peak at USD 62 billion in 2017 backed by Egypt-report
Government reform plans restored investors confidence, says IIF
New controls will lead 30% of importers to exit market: businessmen
Restricted policies may decrease the import bill by $2bn by the end of the current year, says El-Naggar
Protesters agree to end demonstration against import restrictions upon agreement with ministry official
Demonstrators are not importers but junior traders, says head of Importers Division
Importers demonstrate against Industry Minister’s decision restricting imports
Demonstrators are not importers but junior traders, says head of Importers Division
CBE sells $1.5bn to cover portion of temporary credit facilities to importers
Banks are required to redeposit amounts obtained in the CBE auction with a 1.23% yield over one year
Banks direct foreign currency to importers as commodities are held at ports due to dollar shortage
To reduce dollar shortage crisis at banks, the foreign currency deposit cap was raised to $250,000 a month for companies importing basic goods, according to Ghorab
CBE’s decision to raise dollar deposit cap ineffective in bolstering import market: Sheha
The dollar reached EGP 8.6 on the black market
Importers believe Industry Minister’s decree violates WTO agreements
Decree aims to circumvent the laws and is not fair to importers, says Shiha
Tensions erupt between importers and CBE Governor Tarek Amer
The regulations the CBE put forth for are destructive; we demand an urgent meeting for FEDCOC to discuss their consequences, says Ahmed Shiha
CBE to cover 25% of banks’ temporary credit facilities granted to importers in foreign currencies
Banks are obliged to deposit the amounts the will obtain with the CBE, with interest
Official instructions on converting importers’ debts not yet received: Banks
A prominent banker told Daily News Egypt that banks operating in the Egyptian market have not yet received any official or written instructions to convert the debts of their importing clients from dollars to Egyptian pounds.
CBE to convert $4bn worth of dues on importers to local currency
Tarek Amer holds frequent meetings with public bank heads to discuss developments in the foreign exchange market and to solve the problems they face
Demands continue for dollar liquidity for imports
CBE has pumped $4.8bn in liquidity since the start of 2015