Banks Egypt’s foreign reserves hit six-year high in March Yomna Yasser Apr 3, 2017 0 Egypt's foreign reserves surged to $28.5 billion at the end of March, the highest level since March 2011, a cabinet…
Industry & Trade Egypt a major investment destination after after pound floatation: Qalaa Yomna Yasser Apr 2, 2017 0 Egypt has become among the most important countries for foreign investments after it floated its currency last…
Banks Egypt lowers customs dollar exchange rate to 16.5 pounds in April Yomna Yasser Apr 1, 2017 0 Egypt will set its customs exchange rate to around 10 percent below the market price of the dollar for April in an…
Real Estate Egypt home prices rise 35% in Q1 after pound float move: Aqarmap Yomna Yasser Mar 29, 2017 0 Egyptian real estate recorded a 9 percent increase in house prices during November, following the floatation of the…
Banks EFG Hermes reaches $1.5 billion in assets under management in FY2016 Yomna Yasser Mar 27, 2017 0 Egypt’s EFG Hermes, one of the Middle East’s largest investment banks, reached $1.5 billion in assets under…
Banks EBRD planning €1 billion investments in Egypt this year after pound float Yomna Yasser Mar 22, 2017 0 The European Bank for Reconstruction and Development expects to invest about 1 billion euros ($1.1 billion) in…
Banks Deposits at Egypt banks rise 22.04% in November after pound float Yomna Yasser Mar 18, 2017 0 The total volume of deposits at banks operating in Egypt hiked to 2.714 trillion Egyptian pounds ($150.3 billion)…
Financial Institutions IMF delegation to visit Egypt from April 28 to May 8 – FinMin Yomna Yasser Mar 15, 2017 0 A delegation from the International Monetary Fund (IMF) will visit Egypt from April 28 to May 8, Reuters quoted…
Banks Egypt to raise customs dollar to 17 pounds this weekend – minister Yomna Yasser Mar 15, 2017 0 Egypt will raise the customs dollar exchange to 17 pounds from 15.7, for two weeks effective from March 16th,…
Banks Egypt’s foreign trade reached $21 billion since currency flotation: c.bank Yomna Yasser Mar 9, 2017 0 Egypt's foreign trade since early November – when the government floated the country's pound – until the end of…