Vodafone Egypt logs lower revenues in H1 – FY2016-17
Vodafone Egypt generated revenues worth 7.8 billion Egyptian pounds (€796 million) during the first half of…
Browsing Tag
float
Pound floating raises mobile, computer prices and slows down sales
The Central Bank of Egypt (CBE) announced their decision to float the Egyptian pound last week, which has raised…
Liberalising exchange rate to boost Egypt’s exports by 10%: Minister Qabil
The recent decision of the Central Bank of Egypt (CBE) to float Egyptian pound against the dollar would raise the…
Petroleum product subsidies to hit $5bn in Egypt’s FY2016-17 budget
The total volume of Egyptian subsidy on petroleum products is set to be raised to around 64 billion Egyptian pounds…
Egypt stocks continue surge for third day on currency devaluation move
Egypt’s stock market climbed for a third straight day on Tuesday in response to the devaluation of the local…
Egypt stocks jump for second day on currency float move
Egypt’s stock market jumped on Sunday for a second straight day triggered by raising hopes for new inflows of funds…
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…
EgyptAir mulls rise in tickets prices following currency float move
State airline EgyptAir is studying increasing its prices for tickets within days following the central bank’s move…
Dollar jumps 138% against Egypt pound since 2011 revolt after float move
As Egypt’s central bank announced Thursday it floated the Egyptian pound, experts estimated that dollar has climbed…
Egypt stocks climb on currency float move
Egypt’s stock market climbed on Thursday after the central bank floated the currency, a step which could eventually…
