Egypt News Sisi: Egyptians ‘very soon’ will be able to get dollars at one rate Yomna Yasser Aug 1, 2016 0 Egyptians will "very soon" be able to purchase U.S. dollars at a unified rate, state television quoted the…
forex news Gold in Egypt soars to record high as currency crisis bites Yomna Yasser Jul 25, 2016 0 Gold prices in Egypt soared to a record high on Monday as the country’s currency crisis continues to gather steam…
forex news Egyptian pound hits record low to 12.90 against dollar on black market Yomna Yasser Jul 24, 2016 0 Egypt’s currency has weakened to a record low of 12.90 against the dollar on the black market on Sunday, as the…
Tech news Vodafone says Egypt Q1 revenues fall to €362 mln on currency devaluation Yomna Yasser Jul 23, 2016 0 Mobile operator Vodafone Group has registered revenues in Egypt worth €362 million (3.5 billion Egyptian pounds)…
EGX Egypt stocks end week 0.89% lower on pound fresh fall in black market Yomna Yasser Jul 21, 2016 0 Stocks in Egypt have extended the previous day’s drop lower as main index, EGX30 slid 0.89 percent, to 7436.87…
forex news Now is not the time to float Egyptian pound: c.bank governor Yomna Yasser Jul 20, 2016 0 Egypt's central bank governor stated on Wednesday that it was not the right time to talk about floating the…
forex news Egypt central bank to keep currency stable at regular FX auction: bankers Yomna Yasser Jul 12, 2016 0 Egypt's central bank will keep the Egyptian pound stable at 8.78 to the dollar at its weekly foreign exchange…
EGX Devaluation surge ends, Egypt stocks slump on Monday Yomna Yasser Jul 11, 2016 0 Egypt’s stock market pared its advance on Monday after two sessions of strong gains. Main index, EGX30 tumbled 0.15…
forex news Why Africa’s next currency devaluation may be in Egypt: Bloomberg Yomna Yasser Jul 5, 2016 0 Two weeks after Nigeria, Africa’s biggest economy, allowed the naira to weaken, Egypt’s central bank governor Tarek…
Banks Egypt bans use of debit cards abroad on hard currency shortage Yomna Yasser Jun 30, 2016 0 Egypt has ordered banks to stop clients from using their Egyptian pound account debit cards abroad, a central bank…