Cairo Chamber of Commerce

Cairo Chamber of Commerce latest

Thousands of importers have been caught out by the float, facing ballooning dollar debts after they had opened dollar credit-lines with banks. (AFP/Patrick Baz)

January 18th, 2017 - 09:00 GMT

Egypt to adjust customs dollar exchange rate to help struggling importers

Egypt's Finance Ministry fixed the customs exchange rate at 18.5 pounds per dollar until the end of February and said it will review the rate each month.

Items such as household appliances, food, plastics, and clothing will be affected by the new customs tax increase. (Wikimedia Commons)

January 31st, 2016 - 01:11 GMT

Egypt's tax on imports set to rise up to 40 percent

October 21st, 2015 - 08:00 GMT

Egypt's central bank chief resigns, Tarek Amer selected as replacement

April 12th, 2015 - 03:42 GMT

Egypt bans imports of Ramadan lanterns

March 30th, 2015 - 02:51 GMT

Frozen: Arab Spring economies barely trading with one another

February 5th, 2015 - 09:20 GMT

Refreshing: Egypt's stocks at highest levels in 6 and a half years

It is expected that the sector’s export goal of $1.3bn by the end of 2014 will not be reached in light of tension across the Arab world, and a 20% decline is probable for this year.

August 3rd, 2014 - 07:09 GMT

Falling apart: Egyptian-Libyan trade

Egypt's stock market has continued to rise since Fitch upgraded the country's economic outlook Friday from negative to stable (Courtesy of Al Jazeera)

January 6th, 2014 - 09:08 GMT

Nothing to "Fitch" about: Egypt stocks continue to rise after economic outlook upgrade

Last week, Global Telecom Holding announced that its Algerian subsidiary Orascom Telecom Algerie has been awarded one of three provisional 3G licenses offered in Algeria at a cost of $40 million.

October 21st, 2013 - 09:33 GMT

Optimism drives Egypt's stocks to two-year high

"For example, if you are dressed in a formal suit, you will get a kilogram (kg) of tomatoes for LE5, but if you send your doorman in his robe to buy some, he will get it for LE3.5 or LE3," Diab added.

September 25th, 2013 - 07:26 GMT

Egypt's new government to extend its control over fruits and vegetables

The number of registered contractors in the EFCBC has plunged to an unprecedented 9,400, compared to 41,000 that were previously registered

June 23rd, 2013 - 05:00 GMT

High prices cripple the Egyptian construction sector

A new black market for gold is emerging following speculation on the dollar

May 2nd, 2013 - 10:13 GMT

New black market for gold in Egypt

October 26th, 2004 - 02:00 GMT