Egypt central bank currently has no intention to devalue pound
As Egypt faces a dollar crisis, the Central Bank of Egypt (CBE) says it has "no intention" of devaluing the…
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devaluation
If Egypt wants IMF deal, it needs to get serious about economic reform
When Egypt’s central bank devalued the pound on March 14, it prompted some economists to speculate that the…
EXCLUSIVE: Who’s who Egypt bank CEOs likely to leave on 9-year term limit decree
The decision of Egypt's central bank on Thursday to set a 9-year term limit for all banks’ CEOs will force ten of…
LG sees 15% rise in product prices in Egypt
Egypt's LG CEO Don Cook expected the price of their products to increase by 15% Prices of LG products in Egypt are…
Egypt stocks resume rally, main index 0.26% up
Egypt stock market rebounded Monday despite profit-taking after soaring last week in response to a currency…
Fitch says Egypt pound devaluation ‘credit positive’, economic challenges remain
Decisions by the Central Bank of Egypt (CBE) last week, including a devaluation of the Egyptian pound, are broadly…
Egypt main index soars 14% in currency-devaluation week
Egypt’s main index EGX30 jumped 14 percent in a week, rising above its 200-day average for the first time since…
JP Morgan sees devaluation of Egyptian Pound by 35% in 2016
US-based financial services firm, JP Morgan forecasts that the Egyptian pound will be devalued by 35 percent in…
Moody’s describes Pound devaluation as credit positive for Egypt
The recent decision by the Central Bank of Egypt (CBE) to adopt a flexible exchange rate has been remarked as…
Egypt stocks end week 3.5% higher on investors’ euphoria
Egypt’s stock market closed Thursday with gains worth 7.7 billion Egyptian pounds ($874 million), marking…
