Tag: egyptian pound

To the dismay of many, devaluation of Egyptian pound gives way to price increases

The Central Bank of Egypt’s March decision to devaluate the Egyptian pound…

Shaimaa Al-Aees Shaimaa Al-Aees

CBE maintains EGP interest rate

The CBE interest rates are the main index for interest rates on…

Hossam Mounir Hossam Mounir

New urban communities mark prime hub for developer attention

Approximately 52% of Cairo residents can only afford residential units priced between…

Shaimaa Al-Aees Shaimaa Al-Aees

The Egyptian pound reinterpreted

A project seeks to reintroduce Egyptians to landmarks they see on a…

Nada Deyaa’ Nada Deyaa’

Dollar deposits jump 2130% following pound devaluation: Amer

Depreciating the pound is a corrective measure in response to currency market…

Mohamed Ayyad Mohamed Ayyad

Egyptian pound devaluation negatively impacts Nissan Motor Egypt: Sekiguchi

Nissan Motors Egypt CEO demands that companies do not rush to increasing…

Daily News Egypt Daily News Egypt

NBE, Banque Misr issue CDs with 15% yield

The NBE and Banque Misr will issue the CDs beginning on Monday…

Hossam Mounir Hossam Mounir

Expected increase in price of computers, tech products after raising dollar price

Price rise a positive step if price fixed and dollar enabled, says…

Mohamed Alaa El-Din Mohamed Alaa El-Din

CBE devalues EGP amid concerns over inflation and budget deficit increase

The decision is expected to have far-reaching repercussions on the deficit and…

Daily News Egypt Daily News Egypt