Banks Faisal Islamic Bank raises $40 million since Egypt pound float move Yomna Yasser Dec 28, 2016 0 Egypt’s Faisal Islamic Bank has collected around $40 million since Nov.3 decision to freely float Egyptian pound…
EGX Egypt bourse market cap climbs 40% in 2016: official Yomna Yasser Dec 27, 2016 0 The market capitalisation of listed companies in Egypt have witnessed a 40 percent leap to exceed 600 billion…
Banks Banque Misr raises $900 million since Egyptian pound float move – official Yomna Yasser Dec 26, 2016 0 Egypt’s second biggest bank, state-owned Banque Misr has collected $900 million since Nov.3 decision to freely…
Banks EXCLUSIVE: Egypt’s banks raise $7 billion since pound float move – CBE chief Yomna Yasser Dec 25, 2016 0 Egypt’s local lenders have collected between $6.5 billion and $7 billion since Nov.3 decision to liberalise…
forex news Dollar stablises vs Egyptian pound at Sunday interbank dealings Yomna Yasser Dec 25, 2016 0 U.S. dollar trade stabilised Sunday to below 19 to Egyptian pound for buying and selling during interbank dealings…
Industry & Trade El Marakby Steel: sales fall 40% on Egyptian pound float move Noha Gad Dec 22, 2016 0 The sales volume of Egypt-based steel maker El Marakby for Steel Group declined by 40 percent following…
EGX Egypt stocks advance to fresh 8-year high on FX weakness, China loan Yomna Yasser Dec 19, 2016 0 Egypt’s stock market advanced on Monday as the Egyptian pound depreciated against the U.S. dollar, prompting more…
forex news Saudi riyal reaches new record high at 5 against Egyptian pound Yomna Yasser Dec 19, 2016 0 Saudi Riyal surged on Monday to its highest level against Egyptian pounds since the latter’s Nov. 3 flotation,…
EGX Egypt stocks start 0.6% higher on foreign buyers Yomna Yasser Dec 18, 2016 0 Egypt’s stock market climbed on Sunday as foreign buyers continued to bid up shares. Cairo's main index grew 0.64…
forex news Dollar vs Egyptian pound at early Sunday interbank in 17 banks Yomna Yasser Dec 18, 2016 0 The table below demonstrates the selling and buying prices of U.S. dollar against the Egyptian pound in 17 banks…