Egyptian banks attract $12.3 billion in inflows since currency float
Banks in Egypt have attracted $12.3 billion in inflows since the country’s pound was floated on November 3rd, a…
Browsing Tag
Egyptian Pound
National Bank of Egypt collects $2.7 billion since Egypt pound float – official
Egypt’s biggest lender, the state-owned National Bank of Egypt has collected $2.8 billion since the liberalisation…
Egypt’s fuel subsidy bill jumps after pound float
Egypt's fuel subsidy bill jumped 46 percent to 38 billion pounds ($2.11 billion) in the first half of the 2016-17…
Africa Reinsurance sees 4% in 2017 Egypt premiums after float
African Reinsurance Corporation (Africa Re) said Wednesday that it expects this year premiums in Egypt would shrink…
Banque Misr raises $1.020 billion after Egypt pound float – official
Egypt’s second biggest bank, state-owned Banque Misr has collected $1.020 billion since Nov 3 local currency…
Faisal Islamic Bank revenues climb by 1.5 bln Egyptian pounds on currency float
Egypt’s Faisal Islamic Bank reported a rise in 2016 revenues by 1.557 billion Egyptian pounds ($83.1 million),…
Egypt’s exports rise after pound flotation move – minister
Egypt’s Minister of Industry and Trade Tarek Qabil said that the flotation of the Egyptian pound has helped promote…
Egypt’s banks allures $9 billion in inflows since pound float move
Egypt’s central bank said commercial lenders had attracted $9 billion in inflows since the country’s pound was…
Dollar vs Egyptian pound at early Saturday interbank in 23 banks
The table below demonstrates the selling and buying prices of U.S. dollar against the Egyptian pound in 23 banks…
Egypt’s December iron imports hit 170,000 tonnes
Egypt has imported around 170,000 tonnes of iron during December, Head of Chamber of Metallurgical Industries,…