JP Morgan: Egyptian pound to remain volatile for near future
The value of the Egyptian currency is expected to remain volatile for the near future as the Central Bank of Egypt…
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Egyptian
Wal-Mart sued over sale of fake ‘Egyptian cotton’ linen
Wal-Mart Stores Inc (WMT.N) was sued on Tuesday on behalf of consumers who said the world's largest retailer sold…
Azerbaijan’s SOCAR supplies two Egyptian refineries with 2M barrels of Azeri Light
Azerbaijani state-owned oil firm SOCAR is set to supply two Egyptian refineries with two million barrels of Azeri…
Parliament supports Cabinet’s move to float pound, cut fuel subsidy
The Egyptian parliament's majority bloc Support Egypt announced in a statement Saturday that it fully supports the…
Egypt reiterates demand for Cyprus to extradite EgyptAir jet hijacker
Egyptian office of Interpol reiterated the demand for Cyprus to extradite the EgyptAir jet hijacker Seif Eldin…
Mursi trial judge survives assassination attempt
An Egyptian judge who tried former president Mohamed Mursi in 2015 survived an assassination attempt on Friday…
Local autos prices to jump 50% amid floating Egyptian pound: official
The prices of local and imported automotives would be increased by 50 percent and 15 percent respectively due to…
Floating pound is a ‘late’ good step towards reform- Egypt’s FEDCOC
The decision of Egypt's Central bank to float pound against US dollar is a good step towards reform but it came…
Stocks soar following floating Egyptian pound
Egyptian stocks jumped after the central bank said it would allow the currency to float as part of measures…
BREAKING: CBE floats Egyptian pound against dollar at 13.5
Central Bank of Egypt (CBE) decided Thursday to float the Egyptian pound according to market supply and demand.The…