Real Estate SECON to inject investments of 2b Egyptian pounds in 2017 nada nasser Jan 12, 2017 0 Property developer Saudi Egyptian Construction Company (SECON) is planning to pump investments of two billion…
forex news Bankers rule out floating Egyptian currency before making official request for IMF loan Yomna Yasser Oct 10, 2016 0 Bankers ruled out the flotation of the Egyptian pound by Egypt’s central bank before making the official request to…
Financial Institutions Lagarde: Egypt has to do more on exchange rate, subsidies files to seal $12bn deal Yomna Yasser Oct 9, 2016 0 Egypt has “almost completed” the actions required for International Monetary Fund’s $12 billion loan, but some…
Banks Egypt sold $500 mln in T-bills, bonds since devaluation,anticipates billions more aya salah Mar 27, 2016 0 Investments in Egyptian treasury bills and bonds increased by $500 million since the Egyptian pound was devalued…
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 Economists hail Egyptian Pound devaluation, flexible exchange rate aya salah Mar 15, 2016 0 Economists and bankers have welcomed the Central Bank of Egypt's decision to adopt a more flexible exchange rate…
Banks Egypt won’t float currency until FX reserves reach at least $25 bln aya salah Feb 22, 2016 0 Egypt is "definitely not going" to float its currency with foreign currency reserves at their current level, the…
Banks Restored Confidence In Egypt’s Economy To Improve Currency Exchange Rate: CBE Amwal Al Ghad English Jun 15, 2014 0 The currency exchange rate will improve with restored confidence in Egypt’s economy after the presidential…
Banks Egypt Pound Hits EGP 6.92 Against US Dollar in Week Salma Ayman Oct 5, 2013 0 On Saturday, the exchange rate of the Egyptian pound against US Dollar have slightly increased to EGP 6.8908 for…
Banks Foreign Investors Are Wary of Raising Exchange Rates; Bankers Administrator Mar 27, 2012 0 Banking experts demanded that exchange rate shall be determined by supply and demand factors…