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  • 3.1890
  • 0.0040
    -0.125%
  • Bid:
    14.3663
  • Ask:
    14.3790
  • High:
    3.1930
  • Low:
    3.1880
  • 52wk High:
    4.9140
  • 52wk Low:
    2.9490
  • 13:15
    Mar, 29
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Currency News

Tourists visiting Egypt to reach 12M in 2018: Travco Chairman

10 Mar 2018 08:26Egypttoday
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 ... more

Egypt's long-term stability and the role of the European Union

01 Mar 2018 10:18Brookings 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. more

Taking Another Look At The Egypt ETF

28 Feb 2018 09:00Benzinga
... 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. more

Egypt's Banque Misr targets 10b pound stake sales to boost growth

28 Feb 2018 07:52gulfnews.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 ... more

Renovated trams in Egyptian coastal city "bring joy" to commuters

27 Feb 2018 12:22africanews
“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. more

Days of Egyptian pound's stagnation numbered: Bloomberg

27 Feb 2018 06:56Egypt 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 ... more

Egypt Investors Now Bold Enough to Look for Dollars Themselves

25 Feb 2018 23:26Bloomberg
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 ... more

Vicat: 2017 Results

19 Feb 2018 10:52Business 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 ... more
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