Tag: flotation

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

Customs on imported cars increase by 66% after flotation

Customs charges on imported cars increased by 66% on Friday following the

Ahmed Amer Ahmed Amer