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Business
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Economy
1/27/2015 3:43:38 PM
Stock market reaches highest level in over six years, after investors respond to recent pound devaluation
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Economy
1/22/2015 1:39:17 PM
The official devaluation has been driven by a widening gap between the official exchange rate and that in the black market
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Business
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Economy
2/13/2014 1:00:12 PM
Turkey's current account deficit widen influenced by foreign trade deficit increase and lira devaluation
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Business
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Economy
1/25/2014 7:40:26 PM
Sawiris acts to enter Brazilian market and avoid devaluation of Telecom Italia shares as well as assets of all parts of TIM Brasil
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Business
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Economy
7/4/2013 11:26:02 PM
The coming government will face a complicated economic situation that can not be solved without political vision
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Business
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Economy
5/16/2013 3:57:59 PM
Cash injections from Arab nations fail to satisfy ever-rising demand for foreign currency, much-touted IMF loan unlikely to solve crisis
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Business
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Economy
5/16/2013 3:18:41 PM
Central Bank sells $38.5 million at a cutoff price of LE6.9660
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Business
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Economy
4/3/2013 7:33:54 PM
Egypt benchmark EGX30 drops by 2.2% as investors sell stocks on fears of currency devaluation; Shura Council discusses new taxes draft law
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Business
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Economy
3/12/2013 7:33:07 PM
Industry insiders attribute recent shortages of several vital pharmeceutical products to Egypt's stringent system of price controls coupled with recent devaluation of local currency
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Business
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Economy
3/10/2013 11:49:38 AM
A sharp rise in inflation is the result of Egypt's rapid currency devaluation, spurring imported food and fuel price hikes, says official statistics agency
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Business
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Economy
3/6/2013 1:48:21 PM
The Egyptian pound has been significantly devalued since December
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Business
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Economy
1/30/2013 8:00:17 PM
Egypt's currency weakened further this week with experts predicting sharper slips ahead
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Business
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Economy
1/17/2013 3:00:04 PM
Ahram Online hit the streets to talk to average Egyptians about how the devaluation of the pound is impacting them
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Business
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Economy
1/16/2013 8:31:43 PM
The theory that currency devaluation will bolster exports has proven invalid in Egypt's case, say economists, who warn of devaluation's inevitable impact on trade deficit, inflation and state budget
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Business
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Economy
1/16/2013 8:01:58 PM
Recent devaluation of Egypt's local currency has not adversely affected the planned acquisition of Societe Generale's Egyptian unit by Qatar National Bank
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Business
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Economy
1/11/2013 12:30:00 PM
Former deputy central banker Hisham Ramez is appointed new head of CBE, replacing longtime bank governor Farouq El-Okdah; Latter insists his departure not linked to currency devaluations
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Business
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Economy
1/5/2013 5:09:55 PM
To offset the deep devaluation of the local currency, Egypt's largest steel producer raises the rebar price, above record levels
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Business
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Economy
1/5/2013 12:59:23 PM
Egypt's economists are anxious as the country's foreign currency reserves fall further amid a slow but steady devaluation
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Business
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Economy
1/2/2013 6:51:14 PM
Egypt's bourse witnessed a three per cent increase Wednesday with further gains expected this week as pound plummets
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Business
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Economy
12/27/2012 1:48:32 PM
Ongoing rumours about a devaluation of the pound and future economic turbulence lead to brisk trade at banks as Egyptians withdraw and convert deposits
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