Tag: flotation

Flotation and increased fuel prices raise ceramic prices, increase market slump

Ceramic production companies have deemed it necessary to raise their prices in…

Hisham Salah Hisham Salah

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…

Shaimaa Al-Aees Shaimaa Al-Aees

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…

Hossam Mounir Hossam Mounir

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…

Hossam Mounir Hossam Mounir

Pound flotation raises mobile, computer prices and slows down sales

The Central Bank of Egypt (CBE) announced their decision to float the…

Mohamed Alaa El-Din Mohamed Alaa El-Din

Automotive sector at risk of drowning following pound’s flotation: EAMA

The future of Egypt’s automotive industry is now at the mercy of…

Ahmed Dawoud Ahmed Dawoud

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…

Ahmed Dawoud Ahmed Dawoud

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…

Ahmed Dawoud Ahmed Dawoud

Car companies halt sales to reprice in wake of CBE decision

Car companies halted their sales processes to review prices after the Central…

Ahmed Amer Ahmed Amer