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Argentina, Egypt and Venezuela Record Unprecedented P2P ... - CryptoGlobe
Unlike Argentina and Venezuela, Egypt is not suffering a major economic crisis at the moment and the Egyptian Pound is relatively stable, but Egyptians have achieved a bitcoin trading volume in excess of one million Egyptian Pounds. A possible ...altro »
Standard Chartered expects 5.5% growth for Egypt in 2019 - Egypt Independent
It said that the situation of the Egyptian pound is stable at present, but capital outflows will be a major consideration of monetary policy, and there is a possibility of postponing the monetary easing process beyond the fourth quarter of FY2019.
Growing remittances of expats boost Egyptian economy - Experts - Egypttoday
"The remittances of Egyptian expatriates increase the dollar supply in the market, which means more dollar savings and stronger ability of banks to provide loans in dollars, not only in the Egyptian pound," said Desouki, noting that it all ends up in ...
El Welely for Agriculture Crops plans to increase exports to $150m ... - Daily News Egypt
El Welely complained about the lack of state support for local companies to participate in foreign exhibitions, especially after the recent increase in production costs due to the decline of the Egyptian pound against the dollar. On the other hand, the ...
Egypt's high interest rates keep lid on borrowing - Financial Times
Egypt sharply increased interest rates to tackle inflation which soared after the country allowed its currency to float in November 2016 as a condition for the IMF loan deal, worth $12bn. The Egyptian pound lost half of its value against the US dollar ...
Egypt MP: Export dog meat for East Asia cuisine - Middle East Monitor
This is not the first time that Egypt has considered unorthodox ways of dealing with the country's 22 million stray dogs. In 2017, the Red Sea regional governor encouraged people to try and hunt down stray dogs, offering a 100 Egyptian pound ($5.58) ...altro »
Egypt seeks to weave cotton renaissance - eNCA
In Egypt, the price has dropped back to the minimum guaranteed by the state of some 2,700 Egyptian pounds ($150, 130 euros) per 100 kilos. Egypt's cotton union says buyers are even demanding lower prices, without triggering any intervention by the ...altro »
An American Is Dying in an Egyptian Prison. The United States Is ... - New York Times
While we had been worrying about the best exchange rate between the Egyptian pound and the dollar, Egyptian soldiers and police had raided the camp of the protesters — mostly supporters and members of the Muslim Brotherhood and Mr. Morsi — outside ...altro »
Egyptian pound's performance improves BOP: JP Morgan - MENAFN.COM
(MENAFN - Daily News Egypt) JP Morgan said the Egyptian pound's competitiveness improved Egypt's balance of payments' performance. The bank forecast in its report, that the current account will achieve a surplus of 1.4% of GDP in the fiscal year (FY) ...
Egypt faces borrowing crunch as foreign debt market sours - Reuters
Much of this could be raised in Egyptian pounds, but that still leaves significant foreign currency requirements. “The Eurobonds are key,” said an analyst at a London bank. “They are cheaper than Egyptian pound borrowing. But on the other hand you are ...altro »