Tag: flotation

Egyptian businesses feel squeeze after currency flotation: report

The Egyptian private sector is feeling the squeeze after the currency flotation…

Daily News Egypt Daily News Egypt

Cost of Al Dau Development projects jump 50% after flotation: Hefz Allah 

Al Dau Development expects initiating Al Dau Strand project by the end…

Shaimaa Al-Aees Shaimaa Al-Aees

Egyptian pound shows signs of correction: Beltone

Total outstanding liability to register at $7.6bn and $12.2bn in FY 2017/18…

Mohamed Samir Mohamed Samir

Banking system receives $54bn since pound flotation in November 2016

Proceeds are distributed as $25bn funding, $9bn government debt instruments investments, $20bn…

Mohamed Ayyad Mohamed Ayyad

Egytrans launches road transport fleet project worth EGP 9m during current FY

Egytrans signed an agreement with Ahli United Bank to have a facility…

Shaimaa Al-Aees Shaimaa Al-Aees

CBE reveals foreign exchange status after flotation 

$8bn in remittances from Egyptian expats from November 2016 until the end…

Hossam Mounir Hossam Mounir

As raw commodity prices accelerate, food companies likely to reprice products

Milk powder prices hover around 5-years high, sugar rises 7.5% in 2…

Elsayed Solyman Elsayed Solyman

Flotation, raising interest rate sparked competition between leasing companies: Global Lease 

Global Lease current portfolio is approximately EGP 1.4bn, says CEO

Shaimaa Al-Aees Shaimaa Al-Aees

Foreigners’ investments in Egyptian treasury bills reach EGP 145.8bn following pound’s flotation

Foreign investors' bids for treasury bills registered EGP 2.8bn on Tuesday, while…

Daily News Egypt Daily News Egypt

Local mobile sales drop 50% after flotation

Slight growth brings the decline up to 30% in the second half…

Daily News Egypt Daily News Egypt