Egypt PM dismisses rumours of IMF-recommended currency float
The Egyptian government has categorically denied recent rumors suggesting that the International Monetary Fund…
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Egyptian pound devaluation
Egypt’s growth outlook cut to 4% – poll
Egypt's economic growth is expected to be lower than earlier anticipated this year, as per a Reuters poll released…
EGP averages 47.3 against USD on Thursday close
The US dollar (USD) slightly weakened against the Egyptian pound (EGP) at the end of trading on Thursday, according…
Vodacom’s profits dip 10.8% on Ethiopia startup costs
Vodacom Group reported a 10.8 per cent decline in full-year earnings on Monday, citing start-up losses in Ethiopia…
Egypt’s pound weakens to EGP 30.83 to dollar at midday
Egypt’s pound currency fell to EGP 30.78 for buying and EGP 30.83 for selling at some banks during midday trade on…
Egypt’s central bank records its first profit since 2016 pound float
Egypt’s central bank (CBE) made a profit in December for the first time since the devaluation of the local pound…
Egypt’s pound drops to EGP 30 against dollar at closing
Egypt’s pound currency has recorded EGP 30.03 against the U.S. dollar during the closing trade at banks on Monday.
Foreign investors pour $925 million into Egypt since January 11: central bank
Foreign investors have transferred more than $925 million into the Egyptian foreign exchange market in the three…
Egypt’s pound hits EGP 29.76 against dollar at closing
Egypt’s pound currency has recorded EGP 29.76 against the U.S. dollar during the closing trade at banks on…
BREAKING: Egypt’s pound hits new low against dollar, nears EGP 32
Egypt’s pound currency has plunged to an all-time low of EGP 30.90 against the U.S. dollar on Wednesday after the…
