Bank Audi Egypt raises $1.2 billion since pound float decision
Bank Audi SAE, Egypt’s eighth largest commercial bank and the Egyptian arm of Lebanon’s Bank Audi, has collected…
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Egyptian Pound
Egypt pays off by floating local currency in economic reform – experts
The relative growth of foreign investment and the sharp decline of foreign exchange black market are among the…
Suez Canal Bank has provided $300 mln to fund trade since currency float
Egypt’s Suez Canal Bank has provided around 300 million to fund trade since the country floated its currency in…
Egypt’s two largest state banks raise $23 bln since pound float decision
National Bank of Egypt (NBE) and Banque Misr, the country's largest state banks, have collected around $23 billion…
Anniversary of Egypt pound floating has lessons for currency baby-sitters
Egypt’s transition from a struggling economy to one of Africa’s revival stories throughout 12 straight months is…
Egypt government spent $5.65bn over-budget in 2016-17 due to currency float
Egypt’s government spent over 100 billion Egyptian pounds ($5.65 billion) more than it planned to in the 2016-17…
Foreign investment in Egypt’s bourse at 13 bln pounds since pound float: chief
Egypt’s stock exchange has attracted a net of 13 billion Egyptian pounds ($737.6 million) in foreign investments…
Orange Egypt says nine-month loss jump by 1232%
French telecoms company Orange has incurred substantial losses in Egypt during the first nine months of 2017. The…
National Bank of Egypt deposits hike in August since pound float
National Bank of Egypt (NBE), the country's largest state bank, deposits rose in August to around 874 billion…
More Saudis tend to purchase properties in Egypt after currency float
It has been almost a year since the Egyptian currency’s floating. As 1 SR is equal to 4.6 EPG, more Saudis are…