floatation

US dollar price rises on Thursday
Economy

US dollar price rises on Thursday

The price of the US dollar jumped on Thursday in a number of banks operating in Egypt, in mid-trading, after…
Will the Central Bank of Egypt interfere to control soaring prices?
Business

Will the Central Bank of Egypt interfere to control soaring prices?

The price of the Egyptian pound continued to decline against the US dollar at the beginning of trading, on Thursday,…
Egyptian pound loses 25% of its value against dollar in a week
Business

Egyptian pound loses 25% of its value against dollar in a week

Bloomberg Agency commented on the news of the Egyptian pound’s depreciation against the dollar to about LE30 on Wednesday. The…
Govt to review tenders concluded prior to pound flotation
Business

Govt to review tenders concluded prior to pound flotation

The chairman of the Federation of Industries, Mohamed Al-Sweidy, announced the approval of the Cabinet on the formation of a…
EgyptAir to review ticket prices following currency float
Egypt

EgyptAir to review ticket prices following currency float

EgyptAir will review the prices of its tickets next week in light of a decision by the Central Bank of…
Timeline: The Egyptian pound over the last five decades
Egypt

Timeline: The Egyptian pound over the last five decades

The Egyptian pound has embarked on a downward trend linked to the country’s economic conditions, reflecting its strength against foreign…
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