Member of EFCBC demands urgent floatation of Egyptian pound to avoid bankruptcy of factories
Shortage of US dollars needed to purchase raw materials threatens existing factories
Will Egypt fail?
Soaring prices—the topic du jour in every conversation across all social classes—is…
Local market holds breath in anticipation of large devaluation of Egyptian pound
CBE may either offer exceptional US dollar tender or direct banks to…
Fully fledged float of the Egyptian pound imminent: Beltone Financial
The state may have implied that a currency liberalisation and peg to…
Dollar crisis, Egyptian pound’s devaluation the best thing to happen in Egypt in past 3 years: Elsewedy Electric managing director
Despite the decline in the value of the Egyptian pound against the…
Devaluation of Egyptian pound increases EGX’s hopes for restoring ‘hot money’
Investment, initial public offering (IPO), and securities promotion managers have conflicting opinions…
CBE expected to increase interest rate by 1% on Thursday
High inflation, application of VAT would raise Egyptian pound’s interest rate by…
Egyptian pound’s instability, summer season raise demand on real estate property: Aqarmap
The Aqarmap index revealed continuing high demand for property during August, the…
VAT, depreciation of Egyptian pound could increase real estate prices by 15%-20%
Real Estate Investment Division demands reducing VAT rate on construction contracts from…
EGP 65bn increase in deposits at banks in May
The total volume of deposits at banks operating in the Egyptian market,…
