Finance News
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Senior 'Economist' analyst expects Egyptian pound value to rise by 14%
12 currencies from a total of 60 currencies in the world will rise against the dollar this year, the luckiest of which would be the Egyptian pound.
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Egypt Offers Exchange Rate Relief to Firms Hit by Pound Float
9 of Egypt’s biggest business associations ran a full-page ad in newspapers appealing to President Abdel-Fattah El-Sisi to find a solution.
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Egypt's currency black market nearly eliminated, prices will fall
Tarek Amer says consumer inflation will be brought under control when Egypt’s exports increase, aided by the return of tourism and foreign investments
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US dollar passes the LE19 mark
The increase is the single highest shift after the stability that lasted three days at the national banks.
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Egypt plans $2.5-3 billion Eurobond by mid-January
Egypt planned to begin a road show for its initial Eurobond issuance in November but later said this may be delayed due to market volatility.
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Switzerland unblocks 180m francs frozen in Egypt probe
Criminal investigations against six unnamed persons are now underway, the OAG said in a statement, while 430 million francs remains frozen.
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AfDB approves $500 million loan payment to Egypt
The loan is the second of three expected disbursals.
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US dollar exchange rate surpasses LE18
In the CIB, the sale price for the US dollar reached LE18.60 on Wednesday morning.
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Egypt pound drops to lowest rate against dollar since 3 November
The country's foreign reserves stood at $23 billion by the end of November.
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How will Egypt’s stock market react to recent bombings?
Recent worldwide events, including the Istanbul bombing, will shield the Egyptian stock market from any potential repercussions of the church bombing.
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UAE’s Mawarid Technology Promises to Pump Investments at a Value of USD 100 Million in Egypt
Nuaimi: Egypt Represents a Regional Gateway for Arab and African Markets.
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China signs three-year $2.62 billion bilateral currency swap with Egypt
A move that importers and economists said would facilitate trade and improve foreign currency liquidity in cash-strapped Egypt.
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Egypt's foreign reserves rise by $4 bln in November
The country's foreign reserves reached $23 billion by the end of November, up from $19 billion in October 2016.
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Egypt's Further Economic Good Sense - Cutting Fuel Subsidies As Well As Floating The Pound
Getting rid of the price fixing and moving to the market rate will increase economic efficiency. Increased economic efficiency makes people richer.
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Egypt Is Charting a New Economic Course
Unlocking the country’s potential through private-sector-led growth free of the heavy hand of the state.
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Digital Coin Global Market Growth and Demands 2016 - 2020
Research Beam added a report “Global Digital Coin Market 2016-2020: Size, Share, Trends, Segmentation, Growth, Technology, Opportunity, Analysis
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Foreign Exchange Global Market Growth and Demands 2016 - 2020
Research Beam added a report “Global Foreign Exchange Market 2016-2020: Size, Share, Trends, Segmentation, Growth, Technology, Opportunity, Analysis
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Motor Vehicle Insurance Global Market Trends 2016 - 2020
Research Beam added a report “Global Motor Vehicle Insurance Market 2016-2020: Size, Share, Trends, Segmentation, Growth, Technology, Opportunity
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Trade Finance Global Market Trends 2016 - 2020
Research Beam added a report “Global Trade Finance Market 2016-2020: Size, Share, Trends, Segmentation, Growth, Technology, Opportunity, Analysis
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Health Insurance Global Market Size and Share 2016 - 2020
Research Beam added a report “Global Health Insurance Market 2016-2020: Size, Share, Trends, Segmentation, Growth, Technology, Opportunity, Analysis