Bloomberg

Egypt Sees More Pound Volatility After Repatriation Fund Ends
Economy

Egypt Sees More Pound Volatility After Repatriation Fund Ends

  Written by Mirette Magdy   Egypt’s stagnant exchange rate is likely to see more movement after a system that…
Egypt witnesses “steep rebound” in tourism industry: Bloomberg report
Travel

Egypt witnesses “steep rebound” in tourism industry: Bloomberg report

  Egyptian tourism has been witnessing a strong improvement recently as recorded by several international organizations such as the United…
Egypt is now a ‘haven’ for debt investors: Bloomberg
Business

Egypt is now a ‘haven’ for debt investors: Bloomberg

Egypt has turned into a “haven” for debt investors in the region in the period since it floated its pound…
Egypt’s foreign direct investment rises 15%: Nasr to Bloomberg
Egypt

Egypt’s foreign direct investment rises 15%: Nasr to Bloomberg

Egypt’s Investment Minister Sahar Nasr told Bloomberg in a video interview aired Wednesday that the focus of the investment side…
Egypt’s economic reforms begin to bear fruit: Bloomberg
Economy

Egypt’s economic reforms begin to bear fruit: Bloomberg

The economic reforms in Egypt are starting to bear fruit, with the domestic deficit shrinking by 67 percent in the…
Days of Egyptian pound’s stagnation numbered: Bloomberg
Business

Days of Egyptian pound’s stagnation numbered: Bloomberg

Financial news website Bloomberg reported on Monday that the days of the stagnation of the Egyptian pound may be numbered,…
Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg
Economy

Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg

Egypt’s tourism revenues rose to $1.5 billion in the fourth quarter of 2017, up from $510 million in the same…
Bloomberg says foreign currency crisis starting to ease
Business

Bloomberg says foreign currency crisis starting to ease

Bloomberg said the lifting of restrictions imposed on the customers’ credit card purchases overseas is an indication that the foreign currency crisis…
US dollar bond yields jump in Egypt: Bloomberg
Business

US dollar bond yields jump in Egypt: Bloomberg

The US dollar bond yields in Egypt have jumped this year, causing the cost of borrowing to reach its lowest…
Cairo offers cheapest breakfast worldwide: Bloomberg
Egypt

Cairo offers cheapest breakfast worldwide: Bloomberg

"Bloomberg indicator" revealed that Cairo is the cheapest country around the world in terms of the cost of a breakfast…
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