Egypt News Dollar shortage caused an inflationary recession in Egyptian local market aya salah Jul 27, 2016 0 The US dollar shortage has stimulated price hikes in the Egyptian market, creating poor economic conditions that…
Real Estate Strong dollar boosts chances for real estate stocks to surge aya salah Jul 19, 2016 0 Most real estate stocks have been on the rise over the past four months, recording various high rates. This rise…
Banks Egypt central bank issues treasury bonds worth 3 bln Egyptian pounds today Yomna Yasser Jul 18, 2016 0 Egypt’s central bank is issuing Monday treasury bonds worth 3 billion Egyptian pounds ($337.7 million) to finance…
Banks Egypt’s central bank examines 4 scenarios for EGP future against dollar aya salah Jul 17, 2016 0 The Central Bank of Egypt (CBE) is looking into four scenarios for the future of the Egyptian pound against the…
Egypt News CBE keeps EGP stable against US dollar in FX auction aya salah Jul 13, 2016 0 The Central Bank of Egypt (CBE) kept the local currency’s rate stable at EGP 8.78 against the US dollar at…
Banks Egyptian 7-year yield leaps at auction, other sales cancelled aya salah Jul 12, 2016 0 Egypt cancelled sales on Monday of 1-1/2 and three-year treasury bonds and saw yields jump on its seven-year bond,…
Banks Would CBE devaluate Egyptian pound on Tuesday aya salah Jul 11, 2016 0 The banking market awaits the launch of the tender by the Central Bank of Egypt (CBE) to sell US dollars to banks…
Egypt News Egypt’s tourism revenues slumped 40.5 pct in 9 months aya salah Jul 10, 2016 0 The Central Bank of Egypt (CBE) revealed that Egypt’s tourism revenues retreated 40.5% or $2.2 billion in the last…
Egypt News Egypt due for another devaluation in 2016/17: economists aya salah Jul 4, 2016 0 As Egypt's foreign currency shortage intensifies and the gap between official and unofficial currency rates…
Banks BoP deficit leaps 260pct in Jul-Mar on falling Egyptian tourism revenues, transfers aya salah Jul 4, 2016 0 Egypt’s balance of payments deficit (BoP) leaped a whopping 260 percent in the first nine months of the current…