Egypt’s banking sector has sizable foreign currency reserves, which allows policy makers to mitigate the pressures imposed on the Egyptian pound in the event that foreign inflows into the ...

By\xa0Kestér Kenn KLOMEGÂHPopularly referred to as BRICS, the informal group of emerging-market economies (Brazil, Russia, India, China and South Africa), meeting in Rio de Janeiro, has outlined a new ...

The success of the BRICS project does not signal an overthrow of capitalism as a global system, but it does mark a shift away ...

The Central Bank of Egypt (CBE) has approved a package of procedures that aims to facilitate foreign exchange trading for import and export, several banking sources told Ahram Online.