Tag: egyptian pound

Devaluation of Egyptian pound increases EGX’s hopes for restoring ‘hot money’

Investment, initial public offering (IPO), and securities promotion managers have conflicting opinions…

Mohamed Ahmed

CBE expected to increase interest rate by 1% on Thursday

High inflation, application of VAT would raise Egyptian pound’s interest rate by…

Hossam Mounir

Egyptian pound’s instability, summer season raise demand on real estate property: Aqarmap

The Aqarmap index revealed continuing high demand for property during August, the…

Shaimaa Al-Aees

VAT, depreciation of Egyptian pound could increase real estate prices by 15%-20%

Real Estate Investment Division demands reducing VAT rate on construction contracts from…

Shaimaa Al-Aees

EGP 65bn increase in deposits at banks in May

The total volume of deposits at banks operating in the Egyptian market,…

Daily News Egypt

Loans granted by banks see EGP 60bn increase in May

The total loans granted by banks to their clients, aside from the…

Daily News Egypt

Hike of US dollar strengthens currencies against Egyptian pound

Pound sterling jumps to EGP 16 and euro to EGP 13, while…

Hossam Mounir

Keeping things as they are is impossible: CBE governor

There is no intention to float the pound for now; Amer did…

Abdel Razek Al-Shuwekhi