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Egypt’s President Sisi banks to help clear import backlog within days

Egypt’s President Abdel-Fattah El-Sisi said Monday that banks will help secure the necessary dollars to clear a backlog of imports, which is estimated to...

Central Bank of Egypt reportedly eases foreign currency rules for imports

The Central Bank of Egypt (CBE) reportedly eased restrictions on the use of foreign currency on Tuesday as part of the government’s broader strategy...