Tag: egyptian pound

Increased cash support for subsidy cardholders is not enough: expert

Egypt floated its currency on Thursday, allowing it to fall from its…

Hisham Salah

30% hike in inflation rate in short term: Beltone Financial

The Central Bank of Egypt (CBE) announced on Thursday that it is…

Hisham Salah

Egyptian pound flotation is a historic decision: bank leaders

Raising interest was important to protect citizens' savings and to face expected…

Hossam Mounir

Social protection measures will be taken after raising fuel prices, floating the Egyptian pound: Prime Minister

The number of Takaful and Karama beneficiaries was boosted to 1.7 million…

Mohamed Ayyad

Some banks raise interest on savings vessels after CBE decision, public banks to follow suit

Some banks operating in the local market have quickly raised the interest…

Hossam Mounir

3 factors determine effectiveness of flotation in boosting acquisition assessments, offerings to foreign investors

Egyptian companies’ ability to pass the price increase to consumers and banks’…

Mohamed Ahmed

Banks looking forward to returns on debt instruments following Egyptian pound’s flotation, raising interest by 3%

The average return on initial treasury bills increased by 3.6% and exceeded…

Hossam Mounir

Banks confused over US dollar pricing during first 3 days after flotation

Chaos is normal since this is the first time for Egypt, but…

Hossam Mounir

Pound’s flotation on the table since December 2015 as part of an integrated economic reform programme: CBE governor

Amer reveals preparations behind 3 November decisions, saying they were supported by…

Hossam Mounir

Electricity production costs to increase by 40%

The cost of the production of electricity is expected to increase by…

Mohamed Farag