KLM Royal Dutch Airlines decided to temporarily suspend flights to Cairo starting next January amid a lingering foreign currency crisis in Egypt
كتب: Aswat MasriyaWednesday 14-09-2016 06:56 PM
Egypt is struggling to pay for U.S. dollar-priced oil product and liquefied natural gas (LNG) imports, cancelling purchases, and asking suppliers to extend payment terms amid an acute foreign currency crisis, industry sources said.
كتب:Wednesday 23-12-2015 11:42 PM
When Egyptian central bank governor Hesham Ramez quit, phones began ringing as bankers congratulated each other on the departure of a man they say refused to change course even as Egypt careered from currency crisis toward trade crisis.
كتب:Saturday 24-10-2015 01:35 PM
Egypt's currency crisis has intensified its oil supply troubles, as the weaker pound makes it more difficult for cash-strapped Cairo to buy vital crude for its refineries.
كتب:Tuesday 08-01-2013 08:30 PM