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Ukraine and Russia exchange hundreds of prisoners, part of the biggest swap of the war

CNN  —  Russia and Ukraine have completed the first phase of what is expected to be the biggest prisoner exchange since the start of the war, with almost 800 people released on Friday. The swap started on Friday and will continue on Saturday and Sunday, with Kyiv and Moscow expected to swap 2,000 people – …

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Hamas approves list of Israeli hostages for potential exchange, Reuters reports

CNN  —  Hamas has approved a list of 34 Israeli hostages to be exchanged in a possible ceasefire deal, Reuters reported, citing a Hamas official. The Israeli government denied receiving a list of hostages from Hamas, adding that the names published in the media are from an older list that Israel had presented to mediators. …

The post Hamas approves list of Israeli hostages for potential exchange, Reuters reports appeared first on Egypt Independent.

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US dollar exchange rate against Egyptian pound at major banks on Friday

On Friday, the Egyptian pound exhibited renewed stability against the US dollar, holding onto its most recent decline as reflected in the rates of 17 banks. This stability comes in tandem with the Central Bank of Egypt’s Monetary Policy Committee’s decision on Thursday, to maintain interest rates unchanged. The overnight deposit rate remained at 27.25 …

The post US dollar exchange rate against Egyptian pound at major banks on Friday appeared first on Egypt Independent.

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“Don’t be alarmed if the exchange rate increases”: Egypt’s Prime Minister

Prime Minister Mostafa Madbouly addressed concerns about the Egyptian pound’s exchange rate during a press conference on Thursday. He assured the public that Egypt is committed to a flexible exchange rate policy and that there will be no restrictions on the movement of the dollar. Madbouly acknowledged the possibility of future fluctuations in the dollar’s …

The post “Don’t be alarmed if the exchange rate increases”: Egypt’s Prime Minister appeared first on Egypt Independent.

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US dollar exchange rate across Egypt’s banks on Tuesday

The US dollar exchange rate against Egypt pound witnessed a state of stability at the beginning of trading on Tuesday after a slight increase in banking transactions by the end of Monday. According to the latest update issued by the Central Bank of Egypt, the US dollar price reached LE 49.38 for purchase and LE …

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US dollar exchange rate against Egyptian pound at major banks

The Egyptian pound maintained its stability against the US dollar on Friday, following a decline on Thursday. Below is a breakdown of the latest dollar exchange rates as reported by major Egyptian banks. Suez Canal Bank: The dollar was trading at 48.29 Egyptian pounds for buying and 48.39 pounds for selling. Misr Bank: The dollar …

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What you need to know about Sunday’s exchange of fire between Israel and Hezbollah

Sunday morning in the Middle East began with a massive exchange of fire between Israel and the Iran-backed militant group Hezbollah, escalating tensions between the sides which had spiked after the October 7 terror attack on Israel. Here’s what’s happened so far:  Israel’s preemptive strike: Israel said early Sunday that it carried out preemptive strikes …

The post What you need to know about Sunday’s exchange of fire between Israel and Hezbollah appeared first on Egypt Independent.

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Iran mulls scrapping plans to take revenge on Israel in exchange for a Gaza ceasefire

Jeddah, Saudi Arabia CNN  —  The Middle East, and indeed much of the world, is bracing for Iran to carry out a revenge attack on Israel over the assassination of Hamas’ political leader. But could Tehran instead be prepared to pull back in exchange for progress on Gaza peace talks? That was the hope among …

The post Iran mulls scrapping plans to take revenge on Israel in exchange for a Gaza ceasefire appeared first on Egypt Independent.

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