forex news What will Egypt’s flexible exchange rate look like? – Reuters Yomna Yasser Mar 17, 2016 0 Egypt's decision to make the exchange rate more flexible will return the central bank to the managed float in use…
Banks Housing and Development Bank to pump 3 bln Egyptian pounds into SMEs in 4yrs Yomna Yasser Mar 16, 2016 0 Egyptian lender Housing and Development Bank (HDB) is planning to pump 3 billion Egyptian pounds ($335.2 million)…
EGX Egypt stock market 1.94% up in post-devaluation rally Yomna Yasser Mar 15, 2016 0 Egypt’s stock market continued to rally Tuesday posting gains worth 7.1 billion Egyptian pounds ($793.5 million)…
forex news Egypt central bank holds pound steady at 8.85 per USD at special auction Yomna Yasser Mar 15, 2016 0 Egypt's central bank will hold the Egyptian currency steady at 8.85 pounds per dollar at an exceptional foreign…
EGX Egypt main index hits highest since July 2013 after currency devaluation Yomna Yasser Mar 14, 2016 0 Egypt’s main index, EGX30 touched its highest since July 2013 following the central bank's move to partially…
Banks Egypt central bank partially devalues Egyptian pound to 8.85 per dollar Yomna Yasser Mar 14, 2016 0 Egypt's central bank has partially depreciated the Egyptian pound to 8.85 per dollar from 7.73 in an exceptional…
Banks QNB to sign $6.4 million deal in support of Egypt SMEs this month Yomna Yasser Mar 10, 2016 0 Qatar National Bank AlAhli S.A.E. (QNB AlAhli) is to sign this month its first contract with Social Fund for…
Banks Egypt lifts caps on forex deposits, withdrawals for essential goods imports Yomna Yasser Mar 9, 2016 0 Egypt's central bank has removed Wednesday caps on foreign exchange deposits and withdrawals for companies…
Banks Egypt central bank chief aims to raise FX reserves to $25 billion in 2015 Yomna Yasser Mar 9, 2016 0 Egyptian Central Bank Governor Tarek Amer said the bank aims to increase Egypt's foreign reserves to $25 billion by…
Banks Egypt central bank ends foreign currency caps on individuals Yomna Yasser Mar 8, 2016 0 Egypt's Central Bank (CBE) has lifted the monthly cap on dollar deposits and withdrawal by individuals, it said in…