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The Watch
Dollar Hits EGP 6.56 On Central Bank’s 9th Day Auction: NBE
The Egyptian pound weakened at a central bank auction of dollars on Sunday, the ninth such sale since it introduced…
Centamin’s Stock Jumps On Egyptian Petroleum Minister’s Positive Interview
Centamin PLC puts in strong performance on London stock exchange after petroleum minister declares end to…
Dollar Hits EGP 6.54 On CBE’s 8th Day Auction: NBE
The Egyptian pound weakened at a central bank auction of dollars on Thursday, the eighth such sale since it…
Dollar Makes More Headway Against Yen
The dollar made further headway against the Japanese yen Thursday, prompting one broker to sharply lift its target…
Centamin Gains Most In Three Weeks In London On Gold Production
Centamin Plc (CEY), a miner of gold in Egypt, rose the most in more than three weeks in London trading after…
El Sewedy Electric Says SIAG Towers Shuts Plant For 4 Days
El Sewedy Electric (SWDY.CA), the leading Wire & Cable and Integrated Energy Solution Provider in the Middle…
Citadel Capital To Invest $4 Bln In Egypt, East Africa In 2013; Heikal
Citadel Capital (CCAP.CA), the leading investment company in Africa and the Middle East with USD 9.5 billion in…
U.S. Dollar Hits EGP 6.51 Against Pound Driven By CBE’s Auctions
Exchange market experts said the U.S. dollar hiked during Tuesday’s trading by 3 piasters to EGP 6.4819 (buy price)…
Analysis: Egypt’s Currency Crisis Hinges on Household Dollars
The key to preventing a messy devaluation of Egypt's pound may lie with the country's households, whose dollar…
U.S. Dollar Likely To Fall Against Pound To EGP 6; Al-Hariri
Ali Al-Hariri, Deputy of Exchange Department at the Federation of Egyptian Chambers of Commerce, said the U.S.…