Featured EGP swings vs. USD in early Thursday trade Aya El Sayed Nov 21, 2024 0 The Egyptian pound (EGP) showed volatility against the US dollar (USD) in early trading on Wednesday, November 20,…
Featured EGP swings against USD in early Tuesday trade M.S. Salama Nov 12, 2024 0 The Egyptian pound (EGP) experienced fluctuations against the US dollar (USD) at the start of trading on Tuesday,…
Featured EGP sees slight rise vs. USD on Thursday opening Aya Anwar Oct 17, 2024 0 The Egyptian pound (EGP) saw a slight rise against the US dollar (USD) when trading began on Thusday, October 17,…
Featured Egypt’s Finance Ministry to release new export support package tomorrow Aya Anwar Jun 5, 2024 0 The Ministry of Finance announced the commencement of a new phase in its Export Support programme, aimed at…
Financial Institutions Egypt’s top FX firms collect EGP 11.9b after flotation decision Nada Ali Apr 8, 2024 0 The exchange firms associated with the National Bank of Egypt, Banque Misr, and Banque du Caire have collected…
Featured Moody’s reveres outlook of 5 Egyptian banks’ to positive Aya Anwar Mar 13, 2024 0 Moody's Ratings affirmed ratings and assessments for five Egyptian banks and reversed their outlook from negative…
Banks Egypt’s NBE offers 1-yr CD with 23% daily yield Nada Ali Mar 7, 2024 0 The National Bank of Egypt offers on Thursday new one-year certificate of deposit (CD) starting from 1000 Egyptian…
Egypt News Egypt’s NBE issues 3-yr CD with up to 30% yield Nada Ali Mar 6, 2024 0 The National Bank of Egypt (NBE) has issued on Wednesday new three-year certificate of deposit (CD) with a…
Egypt News Egypt’s currency FX rate hits 46.45 against dollar Nada Ali Mar 6, 2024 0 Egypt's pound currency weakened on Wednesday to a new low of 46.45 Egyptian pounds against the US dollar, according…
Banks Egypt’s ENR seeks to secure EGP6 bln before year-end: sources Nada Ali Oct 3, 2023 0 State-run Egyptian National Railways (ENR) plans to secure six billion Egyptian pounds before the end of this year…