Egyptian pound settles at 49.5 after floating currency
Egypt's pound remained stable on Thursday at 49.5 against the dollar, similar to the previous day's closing rate,…
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Egypt’s foreign currency shortage
Egypt’s non-oil activity suffers over Suez Canal disruption
Egypt's private sector activity declined in February, with the Suez Canal freight drop and foreign currency…
Egypt’s sovereign USD bonds rally on Ras El-Hekma deal
Egypt's sovereign dollar bonds surged more than 1 cent on Monday, continuing the sharp rally after the UAE…
Egypt bans use of debit cards abroad on hard currency shortage
Egypt has ordered banks to stop clients from using their Egyptian pound account debit cards abroad, a central bank…
World Bank: 4.4% growth in GDP forecasted for FY 2016/17 in Egypt
Egypt’s annual growth is expected to ease to 3.3 percent in fiscal year 2015/16 ending on 30 June 2016) and…
