Tag: dollar

Sales of pharmaceutical companies increase by EGP 10bn, growing by 31%

Factories’ revenues amounted to EGP 5bn in November, despite calls for raising…

Mostafa Fahmy Mostafa Fahmy

Egyptian pound’s value drops by 98% since 1979

According to data collected from the International Monetary Fund (IMF), Bloomberg, and…

Hisham Salah Hisham Salah

Egypt’s treasury bonds: high interest, but for what?

The government of President Abdel Fattah Al-Sisi promised to carry out a…

Hisham Salah Hisham Salah

Banque Misr financed import operations worth $2bn, post-flotation collection of US dollars surpassed $1bn 

We aim to increase MSMEs financing to EGP 25-30bn by 2019, branches…

Hossam Mounir Hossam Mounir

Banks, pharmaceutical shares expected to attract investors in 2017

The flotation of the Egyptian pound will play an influential role in…

Mohamed Ahmed Mohamed Ahmed

Companies face fluctuations of pound with ‘various scenarios’ strategy in 2017

Two scenarios to deal with the increase and decrease of the US…

Mohamed Ahmed Mohamed Ahmed

I expect pound’s price against the dollar to improve in H2 2017: El-Menilawy

The price of the dollar is expected to range between EGP 15…

Hossam Mounir Hossam Mounir

Egyptian pound rate to improve in H2 of 2017: Mehrem

The fair price of the US dollar is EGP 7-9, and it…

Hossam Mounir Hossam Mounir

Pound’s rate against dollar to go through 3 stages in 2017, to reach EGP 14-15.5 by end of Q4: Abdel Aal

Over 12 elements support the local currency against the US currency this…

Hossam Mounir Hossam Mounir

Dollar shortage crisis impacts Juhayna’s expansion agreement with Arla Foods

The worsening dollar crisis, which began in 2015 and resulted in the…

Mohamed Ahmed Mohamed Ahmed