Ministry of Electricity presents memorandum to cabinet to increase allocations after pound flotation
The ministry requires more than EGP 65bn in subsidies, and kilowatt production…
Pound flotation hinders calculation of artefact cost in Grand Egyptian Museum
52% of the project was implemented by the end of November
NBE provides $800m for imports following pound flotation
Fluctuations in the US dollar exchange rate are normal initially and will…
Pound flotation, signing of IMF loan agreement to contribute to reviving real estate investment: Coldwell Banker
Real estate sector nominated to grow by 30% annually
$500m investments in government debt tools, EGX since pound flotation: Deputy Finance Minister
Launch of international bonds to be determined by end of this week;…
Crédit Agricole collects $150m from clients since pound flotation
The bank does not intend to reconsider its interest rates on investment…
Banks secure $2.2bn to meet customers’ needs since pound flotation: cabinet
Banks have received $2.6bn as of Monday, says CBE governor
Pound flotation decision will encourage Indonesian companies to invest in tyre industry: Mohamed Baraka
Mohamed Baraka, the chairperson of Baraka Contracting and Trade, a subsidiary of…
60% drop in press institutions salary following pound flotation: Press Syndicate
Syndicate’s Freedoms Committee warns of degradation of journalists’ rights as a result…
Banks loosen restrictions on US dollars abroad after foreign exchange resources improve following pound flotation
Banks operating in the local market have begun to ease restrictions set…
