10 Mar 2018 08:26 | Egypttoday |
After the crash, Russia, which exports the largest number of tourists to Egypt, has banned all flights to Egypt. However an agreement signed by Russian President Vladimir Putin in January approving the resumption of air traffic between Russia and Cairo ...
more01 Mar 2018 10:18 | Brookings Institution (blog) |
After several years of sluggish growth, there are some reasons for optimism: First, the flotation of the Egyptian pound lifted a major constraint on foreign currency liquidity and reined in the black market for foreign currency.
more28 Feb 2018 09:00 | Benzinga |
... to financial services stocks. That sector represents 23.3 percent of the fund's weight. Real estate and materials stocks combine for almost 40 percent of EGPT's roster.
more28 Feb 2018 07:52 | gulfnews.com |
Cairo: Banque Misr wants to raise 10 billion Egyptian pounds (Dh2 billion, $568 million) through the sale of stakes in four companies and two banks, including Cairo Amman Bank, to boost liquidity, its Vice Chairman, Atef El Maghraby, said in an ...
more27 Feb 2018 12:22 | africanews |
“These trams create an atmosphere of joy and happiness to Alexandrian commuters, whether they reserve it for happy events or for the commuters who read the newspapers and books, eat in the buffet or watch the screen,” he said.
more27 Feb 2018 06:56 | Egypt Independent |
Financial news website Bloomberg reported on Monday that the days of the stagnation of the Egyptian pound may be numbered, explaining that “foreign holders of Egypt's local debt have been using the open currency market more frequently to get dollars ...
more25 Feb 2018 23:26 | Bloomberg |
Foreign holders of Egypt's local debt have been using the open currency market more frequently to get dollars. Not only is it a sign they're more comfortable getting cash out of the country, but it also means the days of a stagnant Egyptian pound may ...
more19 Feb 2018 10:52 | Business Wire |
a very steep decline in the EBITDA generated in Egypt. Following the sharp devaluation in November 2016, which halved the value of the Egyptian pound, it proved possible to counter the very strong inflation in production costs through a hike in selling ...
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