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