Egyptian pound up, USD rates slip
Egypt's pound currency's foreign exchange rate against USD experienced a slight increase at the start of trading on…
Browsing Tag
The United Bank
Egypt-UAE currency swap deal leads to better use of hard currency: United Bank CEO
Egypt’s recent $1.4 billion currency swap agreement with the UAE will help reduce demand for the dollar and…
Egypt to sell state stakes in 3 firms in Q4, 3 more in Q1-2024
Egypt plans to offer shares in three of its state-owned companies on the stock exchange (EGX) in the fourth quarter…
Crédit Agricole Egypt denies talk of due diligence on United Bank
Crédit Agricole Egypt denied a report on Monday it was undertaking due diligence on the potential acquisition of…
Egypt’s pound hits EGP 29.76 against dollar at closing
Egypt’s pound currency has recorded EGP 29.76 against the U.S. dollar during the closing trade at banks on…
Egypt’s pound surpasses EGP 27 level against dollar at closing
Egypt’s pound currency fell to surpass the EGP 27 level against the U.S. dollar during the closing trade at banks…
IMF loan to strengthen Egypt’s dollar liquidity – United Bank chairman
The International Monetary Fund’s (IMF) executive board approval for a new loan programme will help boost Egypt’s…
US institution offers to acquire The United Bank: Amer
The Central Bank of Egypt Governor, Tarek Amer, revealed that there is an offer from US institution to acquire The…
Dollar slips against Egypt pound at early interbank trade after IMF loan approval
Dollar trade fell to an average below of 16 level to Egyptian pound in four banks during early interbank dealings…
Dollar calms against Egypt pound following IMF $12 billion bailout approval
US dollar trade calmed significantly against Egyptian pound in 19 banks during interbank dealings in Egypt on…
