Tag: flotation

EGP 100 bn extra spending in FY2016-17 after a year of flotation

The increased spending was due to additional cost of importing fuel and…

Daily News Egypt Daily News Egypt

Flotation saved currency from exploding, economy from collapsing: Domty vice chairperson

Economic management was not ready for the consequences of the flotation, but…

Daily News Egypt Daily News Egypt

Egypt’s stock market records historical gains as currency flotation pays off

Since the flotation of the pound, EGX grew 68% with a turnover…

Daily News Egypt Daily News Egypt

Winners and Losers since the flotation: what is next?

Next Friday, 3 November, marks a year since Egypt has started its…

Mohamed Ayyad Mohamed Ayyad

Flotation had other benefits

Liberalisation of the exchange rate increased the competitiveness of outsourcing companies in…

Daily News Egypt Daily News Egypt

Flotation led to 40% price hike in real estate units’ prices

Projects’ implementation cost rose by 50% since November 2016

Shaimaa Al-Aees Shaimaa Al-Aees

One year after Egypt floated its currency, foreign investors are back to local stock market

EGX30 sours 63% in a year as cheap stocks attract attention from…

Elsayed Solyman Elsayed Solyman

Flotation was boldest decision in history of Egyptian economic, banking sectors

FX up by $17bn, foreign investments in government debt instruments mark $18bn

Hossam Mounir Hossam Mounir

A year since pound flotation, what’s next for Egyptian economy?

Flotation improved Egypt’s FX reserves, exports, and FDI, yet inflation remains a…

Mohamed Samir Mohamed Samir

Will Egyptian bonds remain attractive to foreign investors in a low interest rate environment?

Central Bank gets ready to abort its tightening cycle as inflation eases

Elsayed Solyman Elsayed Solyman