EBRD planning €1 billion investments in Egypt this year after pound float
The European Bank for Reconstruction and Development expects to invest about 1 billion euros ($1.1 billion) in…
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Egyptian Pound
Deposits at Egypt banks rise 22.04% in November after pound float
The total volume of deposits at banks operating in Egypt hiked to 2.714 trillion Egyptian pounds ($150.3 billion)…
IMF delegation to visit Egypt from April 28 to May 8 – FinMin
A delegation from the International Monetary Fund (IMF) will visit Egypt from April 28 to May 8, Reuters quoted…
Egypt to raise customs dollar to 17 pounds this weekend – minister
Egypt will raise the customs dollar exchange to 17 pounds from 15.7, for two weeks effective from March 16th,…
Egypt’s foreign trade reached $21 billion since currency flotation: c.bank
Egypt's foreign trade since early November – when the government floated the country's pound – until the end of…
Egyptian banks sold $21 billion to cover imports since pound float – c.bank
Egyptian banks have provided $21 billion to cover import payments since the central bank devalued pound on November…
Egypt’s pound shows Nigeria must overcome its fear of floating free – Reuters
A currency devaluation may do little to fix Nigeria's problems unless it follows the examples of emerging market…
Egypt receives $5 bln in expats’ remittances in 3 months since pound float
Remittances from Egyptian expats rose 19.7 percent to record $5 billion during the period from November 2016 until…
LG Electronics reduces prices of products in Egypt by 9%
South Korea's LG Electronics Inc said Sunday it would lower the prices of its products in Egypt following the…
Egypt more attractive to foreign investments after currency float: Cityscape
Last year, Egypt floated its currency to qualify for the IMF loan, to help raise funds and restore investor…