Egyptian pound appreciates to highest since Feb. 2017
The Egyptian pound strengthened on Monday against the U.S. dollar, trading at 15.967 against the greenback, its…
Browsing Tag
floatation
Egypt’s real estate prices increase by 75% since pound floatation
Property prices in the Egyptian market have jumped by an average of 75% since the Egyptian pound floatation in…
Egypt’s two largest state banks raise $23 bln since pound float decision
National Bank of Egypt (NBE) and Banque Misr, the country's largest state banks, have collected around $23 billion…
Remittances from Egyptian expatriates rise 17.3% since currency float
Remittances from Egyptian expatriates have increased 17.3 percent from a year ago, to $16.3 billion in the period…
Faisal Islamic Bank raises $300 million since Egypt pound float
Egypt’s Faisal Islamic Bank has collected around $300 million since the central bank floated the pound currency in…
Faisal Islamic Bank H1 profits 67.3% up on Egypt pound float
Egypt’s Faisal Islamic Bank has made a 67.3 percent y-o-y rise in profits for the first half of 2017 triggered by…
Egyptian Cabinet announces new electricity price hikes this July
Egyptian Prime Minister Sherif Ismail announced Thursday that a new electricity price increase will begin this July…
Egypt attracts $8.4 bln foreign investment in domestic debt since pound float
Egypt attracted $8.4 billion of foreign investment in domestic debt instruments since the flotation of its pound in…
Remittances from Egyptians abroad rise to $8 billion in 5 months
Remittances from Egyptian expats have climbed 13.8 percent at the end of March since the country floated the pound…
Sawiris: pound float will make Egypt competitive tourist destination once again
In an interview with Daily News Egypt, Egyptian tycoon Samih Sawiris tackles the impact of the Egyptian currency…
