Tag: flotation

Flotation removes Egyptian IPOs from consideration by some foreign institutions

Floating the Egyptian pound lowered the value of IPOs abroad

Mohamed Ahmed Mohamed Ahmed

When will the Egyptian market stablise?

What we see happening now is normal, but we’re not used to…

Hossam Mounir Hossam Mounir

Ezz Steel expects to reduce its losses gradually due to pound’s flotation

The flotation and the increase in steel prices globally are pushing the…

Mohamed Ahmed Mohamed Ahmed

US dollar exceeds EGP 18 at CBE for first time since flotation

Analysts play down impact of recent terrorist events on future of the…

Hossam Mounir Hossam Mounir

Egyptians boycott 1 December embargo

The boycott campaign did not completely fail, and succeeded in many areas,…

Shaimaa Al-Aees Shaimaa Al-Aees

Car prices set records a month after flotation

Price increases swept across the automotive industry in November, with 162 models…

Ahmed Amer Ahmed Amer

Pound recovers from its lowest level against the US dollar since flotation

The Egyptian pound has regained some of its strength against the US…

Hossam Mounir Hossam Mounir

Currency devaluation to spur foreign purchase of property

20% of CGP's sales in 2017 to be directed to clients abroad,…

Shaimaa Al-Aees Shaimaa Al-Aees