pound

Brexit deal legal advice sends pound tumbling
World

Brexit deal legal advice sends pound tumbling

The pound tumbled Tuesday after the UK government’s top legal advisor cast doubt on Prime Minister Theresa May’s last-gasp changes…
Standard Chartered expects 5.5% growth for Egypt in 2019
Economy

Standard Chartered expects 5.5% growth for Egypt in 2019

Standard Chartered projected on Tuesday that the gross domestic product (GDP) growth rate of Egypt will rise by 5.5 percent…
Lebanese central bank says pound stable, urges fiscal reform
Middle East

Lebanese central bank says pound stable, urges fiscal reform

BEIRUT (Reuters) – Lebanon’s pound is stable and the central bank has the means to defend its stability, central bank…
Barclays sells Egyptian business to Morocco’s Attijariwafa Bank
Business

Barclays sells Egyptian business to Morocco’s Attijariwafa Bank

Britain's Barclays has completed the sale of its Egyptian business to Morocco's Attijariwafa Bank as part of its shift towards focusing…
UPDATE: Egyptian pound steady at auction, weaker on parallel market
Business

UPDATE: Egyptian pound steady at auction, weaker on parallel market

Egypt's central bank kept the pound steady at LE7.7301 to the dollar at its official foreign currency auction on Tuesday,…
Central bank: Egypt’s pound hits new low of LE7.39 per dollar
Egypt

Central bank: Egypt’s pound hits new low of LE7.39 per dollar

Egypt's pound weakened to LE7.39 per dollar from LE7.34 the previous day at a central bank auction on Thursday, the…
Egypt pound weakens at central bank’s dollar sale and on black market
Business

Egypt pound weakens at central bank’s dollar sale and on black market

The Egyptian pound weakened at a central bank dollar sale and on the black market on Monday, after hitting a…
Cabinet eases limits on carrying cash to and from Egypt
Business

Cabinet eases limits on carrying cash to and from Egypt

Egypt said on Wednesday it was easing limits on travelers bringing currency in and out of the country and said…
Pound weakens to new record low
Business

Pound weakens to new record low

The Egyptian pound weakened to a  record low against the US dollar in interbank trade and slid further still on…
Pound dips as weekend violence prompts caution
Business

Pound dips as weekend violence prompts caution

The pound weakened against the dollar Sunday, as street violence and deaths added to the political crisis, extending a steady…
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