Egypt’s policy measures improve banking but investments slow: BLOM official
Egypt's policy decisions last November to float the pound and subsequently raise interest rates have improved…
Browsing Tag
float
Yemen central bank floats currency of war-torn country
The central bank of Yemen announced Tuesday it had floated the national currency, instructing banks to follow the…
National Bank of Egypt says has raised $8.2 billion since pound float
Egypt’s biggest lender, the state-owned National Bank of Egypt has raised $8.2 billion since the liberalisation of…
No plans to demonetize Egyptian pound or redesign currency: central bank
Egypt will neither launch a new currency exchange mechanism nor have a new design for the current currency, the…
Egypt bourse: 2016 in review
As we come to the close of 2016, Amwal Al Ghad English reviews the major remarks that affected the Egyptian stock…
Egypt offers rate relief to firms hit by pound float
Egyptian companies unable to repay US-dollar denominated debts after the devaluation of the pound will be allowed…
El Marakby Steel: sales fall 40% on Egyptian pound float move
The sales volume of Egypt-based steel maker El Marakby for Steel Group declined by 40 percent following…
Nissan: floating Egyptian pound decision to raise auto manufacturing cost
The movement of Egypt's government to liberalise exchange rate system would cause financial losses for original…
Banque Misr says sold $825 mln to cover imports since pound float
Egypt’s second biggest bank, state-owned Banque Misr has provided around $825 million to cover import payments…
Egyptian banks attract $3 billion since pound float: c.bank official
Egyptian banks have attracted around $3 billion since Egypt floated its pound earlier on November 3rd, central bank…
