Tag: egyptian pound

Exchange rate to climb to EGP 12.69 by the end of FY 2020: FocusEconomics

Egypt’s economy is standing on shaky ground, says FocusEconomics

Shaimaa Al-Aees

Medicines price increase does not commensurate with devaluation of Egyptian pound against US dollar

The decision includes increasing prices of 70% of local and imported medicines

Hisham Salah

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

CBE maintains EGP interest rate

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

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

The Egyptian pound reinterpreted

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

Nada Deyaa’

Dollar deposits jump 2130% following pound devaluation: Amer

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

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

NBE, Banque Misr issue CDs with 15% yield

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

Hossam Mounir