Egypt’s pound currency dropped to exceed the EGP 25 level against the U.S. dollar during the morning …
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pound floatation
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Report: Egypt’s pound now under supply, demand forces, floatation not “accurate term”
by Yomna Yasserby Yomna YasserEgypt’s pound currency is now under the forces of supply and demand since October 27 when the …
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HSBC Plc says first-half profit before tax in Egypt has dropped 40 percent from a year ago …
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Banks
BNP Paribas: First goals of Egypt economic reform plan have been met
by Yomna Yasserby Yomna YasserA recent research note released by BNP Paribas said the first goals of Egypt’s economy reform plan …
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Banks
Banque Misr says raised $3.3 billion after Egypt pound float move
by Yomna Yasserby Yomna YasserEgypt’s second largest bank, state-owned Banque Misr has collected around $3.3 billion since the flotation of local …
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Banks
Banque Misr sold $5 billion to cover imports since pound float; chairman says
by Yomna Yasserby Yomna YasserEgypt’s second largest state-owned lender, Banque Misr said Sunday it has provided around $5 billion to cover …
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Industry & Trade
Cotton revival could keep Egypt’s economy spinning: report
by Yomna Yasserby Yomna YasserEgypt’s famed cotton industry is starting to revive following the central bank’s decision to float the pound …
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Banks
Banque Misr: high-yield deposit certificates raise EGP110 bln after pound float
by Yomna Yasserby Yomna YasserEgypt’s second biggest bank, state-owned Banque Misr has raised around 110 billion Egyptian pounds ($6.05 billion) from …
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Industry & Trade
Egypt a major investment destination after after pound floatation: Qalaa
by Yomna Yasserby Yomna YasserEgypt has become among the most important countries for foreign investments after it floated its currency last …
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Real Estate
Egypt home prices rise 35% in Q1 after pound float move: Aqarmap
by Yomna Yasserby Yomna YasserEgyptian real estate recorded a 9 percent increase in house prices during November, following the floatation of …
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