Will Egypt follow the example of Brazil or Argentina in dealing with the IMF?
Following the implementation of all of the International Monetary Fund’s (IMF) preconditions…
Egyptian pound appreciates against dollar in midst of imminent IMF loan signing, Trump elected president
The price of the Egyptian pound significantly increased against the US dollar…
CBE raises price of US dollar to EGP 17.41 for buying, EGP 17.84 for selling
The US dollar exchange rate rose at the Central Bank of Egypt…
Pound flotation raises mobile, computer prices and slows down sales
The Central Bank of Egypt (CBE) announced their decision to float the…
Automotive sector at risk of drowning following pound’s flotation: EAMA
The future of Egypt’s automotive industry is now at the mercy of…
Will pound’s flotation smooth the path for cars or take them in opposite direction?
In the wake of the Central Bank of Egypt’s (CBE) decision to…
Flotation supports economy, but unfavourable for auto sector: Egyptian Automotive Dealers Association chairperson
Osama Aboul Maged, the chairperson of the Egyptian Automotive Dealers Association, praised…
Car companies halt sales to reprice in wake of CBE decision
Car companies halted their sales processes to review prices after the Central…
CBE dollar price rises to EGP 16.38 for buying, EGP 17.23 for selling, jumps to EGP 17.5 in banks on 5th day of pound flotation
The price of the US dollar at the Central Bank of Egypt…
Customs on imported cars increase by 66% after flotation
Customs charges on imported cars increased by 66% on Friday following the…