Egyptian pound

Company profits in Egypt surge to pre-pound flotation rates: Bloomberg
Business

Company profits in Egypt surge to pre-pound flotation rates: Bloomberg

Profits recorded by Egyptian companies have returned to pre-November 2016 rates, when the Egyptian pound was floated, according to a…
US Dollar maintains stable prices against Egypt Pound: CBE
Egypt

US Dollar maintains stable prices against Egypt Pound: CBE

US dollar exchange rates maintained stable prices against the Egyptian pound on Sunday in several banks, falling by over LE1.75…
US dollar prices decline in Egyptian banks
Economy

US dollar prices decline in Egyptian banks

US dollar exchange rates declined against the Egyptian Pound on Thursday in bank dealings following decreases in the dollar’s value…
US dollar price in Egypt falls 145 piasters since 2019 start
Business

US dollar price in Egypt falls 145 piasters since 2019 start

US dollar prices continued its decrease in Egyptian banks on Monday, amid expectations of continued decline due to the increasing…
Cabinet refutes rumor regarding issuance of new banknotes in October
Business

Cabinet refutes rumor regarding issuance of new banknotes in October

Egypt’s cabinet refuted on Wednesday rumors that the Central Bank of Egypt (CBE) will issue LE500 and LE1,000 banknotes starting…
Egypt aims to attract 12 million tourists in FY 19/20 -document
Egypt

Egypt aims to attract 12 million tourists in FY 19/20 -document

CAIRO, Aug 7 (Reuters) – Egypt aims to attract 12 million tourists in the 2019-2020 financial year, an 11% increase…
US dollar prices continue declining in Egyptian markets
Business

US dollar prices continue declining in Egyptian markets

Dollar prices continued declining in the local exchange market against the Egyptian pound on Thursday after seeing a reduction of…
Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll
Egypt

Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll

CAIRO (Reuters) – Egypt’s economic growth is expected to slow to 5.5% in the fiscal year that began this month,…
Egyptian pound sees one of fastest currency increases worldwide this year: Cabinet
Business

Egyptian pound sees one of fastest currency increases worldwide this year: Cabinet

Egypt’s Cabinet published on Sunday an infographic on the exchange rates of foreign currencies against the Egyptian pound from January…
US dollar makes record decrease against Egyptian pound
Business

US dollar makes record decrease against Egyptian pound

The US dollar exchange rate witnessed a record decrease, the lowest in 2 years, on Monday against the Egyptian pound,…
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