Stocks in Egypt slip on profit taking after 12 sessions of gains
Egypt’s stock market fell on Monday as investors booked profits in blue chips after 12 straight days of significant…
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Egyptian Pound
Dollar further fell against Egypt pound at early interbank trade
Dollar trade further dropped to an average below of 14 level for buying and below 16 for selling to Egyptian pound…
Egypt’s NBE bank sold $220 mln in week to cover imports – v.chairman
Egypt’s biggest lender, the state-owned National Bank of Egypt, provided around $220 million to cover import…
Dollar slips against Egypt pound at early interbank trade after IMF loan approval
Dollar trade fell to an average below of 16 level to Egyptian pound in four banks during early interbank dealings…
Pound floating raises mobile, computer prices and slows down sales
The Central Bank of Egypt (CBE) announced their decision to float the Egyptian pound last week, which has raised…
Dollar calms against Egypt pound following IMF $12 billion bailout approval
US dollar trade calmed significantly against Egyptian pound in 19 banks during interbank dealings in Egypt on…
Cairo stocks end week in record volume on signs of dollar inflows
Egypt’s stock market jumped in record volume on Thursday triggered by signs that hard currency was flowing into the…
Dollar stablises against Egypt pound at interbank trade
Dollar stablised against Egyptian pounds in 19 banks during interbank dealings on Thursday. For the biggest banks…
Egypt’s Industrial Development Bank offers certificates of deposits at 16%
Egypt’s state-run Industrial Development and Workers Bank (IDWBE) has offered a three-year certificate of deposit…
UPDATE: Egypt pound vs dollar in 20 banks at post-free floating trade
Dollar has continued its rise against Egyptian pound during interbank dealings on Monday. Pound was quoted at 17.5…