Sterlina Egiziana

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Pleasing Investors Is Getting Expensive for IMF-Backed Egypt - Bloomberg

After lifting most capital controls in November 2016, Egypt raised interest rates to stabilize the pound and rein in inflation, which hovered above 30 percent for much of last year. The currency reform helped secure a $12 billion loan from the ... Leggi

Egyptian Pound to Remain Stable, Beltone's Mamdouh Says - Bloomberg

Alia Mamdouh, director of macro and strategy at Beltone Financial, talks about Egypt's financial markets, the economy and central bank policy. She speaks with Yousef Gamal El-Din and Manus Cranny on "Bloomberg Daybreak: Middle East." (Source: ... Leggi

Egypt Seeks New Debt Investors With Euroclear, Asian Foray - Bloomberg

Though the pound has remained relatively stable, demand for Egyptian domestic debt has fallen this year as volatility sweeps through emerging markets. More than $6 billion flowed out of local treasury bonds and bills in the three months from the end of ... Leggi

Ministry Allocates 1mln Egyptian Pounds for Int'l Quran Contest - IQNA (International Quran News Agency) (press release)

According to vetogate.com, the ministry has also allotted 200,000 pound in cash prizes for two other Quran contests planned to be held simultaneously with the international one. They are Egypt's national Quran competition and the Quran competition for ... Leggi

Egypt mulls community service over prison time - Al-Monitor

Thousands of women are in jail in Egypt because they were unable to fulfill debts that in some cases do not exceed a few thousand Egyptian pounds. According to data released by the Ministry of Social Solidarity, there are 30,000 such women in jail. On ... Leggi

IMF's $12 Billion Fund Ranks Egypt's Economic Growth Highest in ... - Al-Bawaba

In exchange for issuing the $12bn loan program, Egypt devalued its currency in November last year and cut down on state subsidies. Following the currency devaluation, the value of the Egyptian pound halved against the greenback and inflation ...altro » Leggi

Dollar maintains prices against Egyptian Pound - Egypt Independent

The US Dollar exchange rate saw stable prices against Egyptian Pound in several Egyptian banks with average of LE17.80 on Sunday. According to the latest updates, the dollar's prices remained at LE17.78 for purchase and LE17.88 for sale in the National ... Leggi

Egypt seeks debt investors with Euroclear, Asian foray - The Daily Star

Though the pound has remained relatively stable, demand for Egyptian domestic debt has fallen this year as volatility sweeps through emerging markets. More than $6 billion flowed out of local Treasury bonds and bills in the three months from the end of ...altro » Leggi

To Beat Falling Pound Egyptians Start 'Facebook Pharmacy' to ... - Al-Bawaba

In November 2016, in conjunction with a medicine shortage caused by the flotation of the Egyptian pound, a group of Facebook users decided to create the “Facebook Pharmacy”, which allowed thousands of members to provide each other with free medicine ... Leggi

Egypt's real estate sector on recovery path: Report - ZAWYA

Since the first quarter of 2017, the Egyptian pound became more stable and economic reforms become fruitful. This in return enabled Egypt to begin drawing back foreign direct investments (FDI) and pushed the real estate sector to recover, Mzali added. Leggi