Search Result
" Flotation"

49 results

Business - Economy
5/10/2024 7:01:58 PM
Exchange bureaus affiliated with Egypt's three largest state-owned banks have collected foreign currency proceeds surpassing EGP 25.550 billion since the devaluation of the Egyptian pound on 6 March, reported Egyptian news agency MENA on Friday.

Al-Ahram Weekly - Economy
4/29/2024 11:17:00 PM
Doaa A. Moneim reports on the messages delivered by the Egyptian delegation to the IMF and World Bank Spring Meetings in Washington

Business - Economy
3/29/2024 6:09:44 PM
The exchange companies affiliated with Egypt's three largest state-owned banks have collected foreign currency proceeds surpassing EGP 7.5 billion in total since the devaluation of the Egyptian pound on 6 March, the companies' chiefs told the state news agency MENA.

Business - Economy
3/10/2024 1:50:00 PM
Head of Egypt’s Banks Federation Mohamed El-Etreby urged caution amid an influx of hard currency into Egypt in the form of hot money following the flotation of the Egyptian pound and an increase in interest rates.

Business - Economy
3/8/2024 2:16:58 PM
Credit-rating company Moody's Ratings (Moody's) has revised the outlook on Egypt to positive from negative amid game-changing economic measures, including the flotation of the Egyptian local currency and an increase in interest rates.

Business - Economy
3/6/2024 4:41:00 PM
The Egyptian pound experienced a significant drop on Wednesday, declining by 62 percent to approximately EGP 50.1 against the US dollar and EGP 54.5 against the euro.

Business - Economy
3/9/2023 5:22:59 PM
The flotation of the Egyptian pound since December under the new Extended Fund Facility programme with the IMF has benefited the industry sector as it raised the competitiveness of Egyptian products in the global market, Prime Minister Mostafa Madbouly stated on Wednesday.

Business - Energy
2/23/2023 12:40:59 PM
State-owned UAE energy firm ADNOC Gas announced a price range on Thursday for an initial public offering it hopes will raise $2 billion, in what would be this year's biggest share flotation so far.

Egypt - Urban & Transport
9/1/2022 4:13:26 AM
Flotation operations of a 64,000-ton oil tanker, named Affinity, have succeeded after it ran aground at the canal's 143-kilometre mark, said Chairman of Egypt’s Suez Canal Authority (SCA) Osama Rabie on Thursday, affirming that navigation movement has returned to regularity.

Egypt - Politics
3/25/2021 11:11:19 AM
Flotation efforts underway include towing and pushing the vessel through eight large tugboats, with the largest equipped with a towing power of 160 tons

Business - Economy
11/3/2019 1:40:11 PM
Egypt’s improved economic performance is the main reason behind the decline of the US dollar against the Egyptian pound, say banking experts

Al-Ahram Weekly - Economy
9/13/2019 5:12:38 PM
Holders of Suez Canal investment certificates have received their money back with interest

Business - Economy
1/14/2019 8:36:38 PM

Business - Economy
2/28/2018 12:20:49 PM

Business - Economy
1/21/2018 11:32:33 AM

Business - Economy
11/28/2017 2:41:48 PM

Business - Economy
10/31/2017 5:42:35 PM

Business - Economy
7/30/2017 9:41:00 AM

Opinion -
7/12/2017 12:16:18 PM

Business - Economy
6/8/2017 2:06:27 PM

2 3 Next