Dollar Crisis
-
News
Egypt’s Pound Plummets to 30+ EGP/USD on Flexible Exchange Rate
Egypt’s economy took a new hit on Wednesday as the Egyptian pound weakened by over 13% against the U.S. dollar.…
Read More » -
News
Egypt Caps Overseas Cash Withdrawals, Spend
Egyptian banks started imposing limits on overseas’ cash withdraws and online purchases in foreign currency for debit and credit cards…
Read More » -
News
Dollar Crashes Against Pound Only on Social Media
Hours ahead of the Central Bank’s decision to free float the pound, Egyptian social media users engaged in a frenzied…
Read More » -
Case Studies
Biscuit stock market shakes Facebook in Egypt
Skyrocketing prices are hitting Egypt everyday affecting many industries in the country due to the new VAT and dollar crisis. Coincided…
Read More » -
News
Centrepoint, Home Centre and Max shut down in Alexandria
Orient International Trading Ltd is consolidating its business operations in Egypt, and will close its Centrepoint, Home Centre and Max…
Read More »