Tag: Pound

Central bank reduces its interest rates by 50 basis points

According to a statement on the bank’s website, the discount and repurchasing…

Nada Badawi Nada Badawi

New investments in the first half of year total EGP 9bn

2204 new investment projects have been founded during the first half of…

Daily News Egypt Daily News Egypt

Declining Egyptian pound threatens Saudi investments

Saudi-Egyptian business council tells Al-Eqtisadiah newspaper Saudi investments in Egypt will be…

Daily News Egypt Daily News Egypt

Shura Council seeks national consensus on sukuk

New draft law for sukuk aims to help the Egyptian economy recover…

Daily News Egypt Daily News Egypt

Rebel Economy Wrap

Breather rather than a new equilibrium

Daily News Egypt Daily News Egypt

Traders differ on impact of EGP devaluation

Exporters see an opportunity while importers see disaster in devaluation of currency

Liliana Mihaila Liliana Mihaila