Does EGP improvement reflect real economic recovery?
A strong economy with a weak currency is better than a weak…
Banks experiencing significant disposal operations of foreign currency; dollar registers lowest level since November 2016
Significant decline in Arab and foreign currencies traded in domestic market due…
AC prices surge 3.8% in February due to EGP flotation
1.5 hp air-conditioners settle between EGP 6,500 to EGP 8,800
Sales of pharmaceutical companies increase by EGP 10bn, growing by 31%
Factories’ revenues amounted to EGP 5bn in November, despite calls for raising…
Egypt continues to suffer from consequences of currency flotation: Focus Economics
Focus Economics forecasts an average inflation of 20.1%, 13.6% for calendar years…
Usage of cards abroad dropped by 55% following flotation: CBE
Egyptians usage of cards abroad dropped by a value of $223m in…
EZ Food Egypt aims to utilise flotation and double exports
EZ Food Egypt aims to double its exports in 2017 to benefit…
Agricultural crop companies offer prescription to increase exports after floatation
Solutions include intensifying role of trade representative offices, farmland control, and marketing
Egyptian pound’s value drops by 98% since 1979
According to data collected from the International Monetary Fund (IMF), Bloomberg, and…
Exports increased after Egyptian pound’s flotation: Minister of Industry and Trade
Minister of Industry and Trade Tarek Kabil said that the flotation of…