Flotation supports economy, but unfavourable for auto sector: Egyptian Automotive Dealers Association chairperson
Osama Aboul Maged, the chairperson of the Egyptian Automotive Dealers Association, praised…
CBE dollar price rises to EGP 16.38 for buying, EGP 17.23 for selling, jumps to EGP 17.5 in banks on 5th day of pound flotation
The price of the US dollar at the Central Bank of Egypt…
US dollar price increases in mid-Sunday trading to EGP 16.5
The price of the US dollar increased in the five major banks…
Minimal trading among banks on first day of inter bank mechanism
The trading of US dollar among banks on the first day of…
EGX jumps by 6.1% during Sunday’s trading
The Egyptian Exchange (EGX) recorded the highest daily rise in trading in…
Egyptian pound flotation is a historic decision: bank leaders
Raising interest was important to protect citizens' savings and to face expected…
3 factors determine effectiveness of flotation in boosting acquisition assessments, offerings to foreign investors
Egyptian companies’ ability to pass the price increase to consumers and banks’…
Economic Affairs Committee to propose exchange bureaux be obliged to deposit US dollars at CBE for 5 years
There are 91 currency exchange companies, some of which own 20 branches,…
Egyptian pound devaluation could cause heavy losses for customers with open currency position
Importers of medicines and commodities priced upon the US dollar’s official rate…
Dollar crisis threatens Eastern Tobacco Company’s production
The Eastern Tobacco Company is facing a hard time obtaining foreign currency…
