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ANALYSIS-Egypt’s revaluation: a prelude to unshackling the pound?

ANALYSIS-Egypt’s revaluation: a prelude to unshackling the pound?

Egypt's revaluation of the pound this week has raised expectations of a major shift in how it manages a long-running…
German economic growth eases in third quarter

German economic growth eases in third quarter

Economic growth in European powerhouse Germany slowed slightly in the third quarter, preliminary data showed Friday, as it braved headwinds…
Growth in crude oil demand set to slow: IEA

Growth in crude oil demand set to slow: IEA

Growth in global demand for crude is set to slow next year as the allure of cheap oil fades, the…
Egypt’s market loses $3.5 bn in a week, EGX30 index drops 10%

Egypt’s market loses $3.5 bn in a week, EGX30 index drops 10%

Egypt's stock market witnessed heavy losses of US$3.5 billion this week, as all indexes dropped, Egyptian Exchange data showed. The main…
Egypt treasury bill yields drop marginally at auction

Egypt treasury bill yields drop marginally at auction

Yields on Egypt's six month and one year treasury bills dropped marginally in Thursday's auction, the Finance Ministry said on…
Egypt’s market gains L710 mn on Thursday, EGX30 inches up 0.1%

Egypt’s market gains L710 mn on Thursday, EGX30 inches up 0.1%

Egypt's stock market closed in the green zone  after a four-day selloff, as the benchmark EGX30 index on Thursday inched…
Egypt’s non-petroleum exports increased by 0.52% in October

Egypt’s non-petroleum exports increased by 0.52% in October

Trade and Industry Minister Tarek Kabil said that for the first time since the start of 2015 Egyptian non-petroleum exports…
Egypt govt to issue 700 million Euro 1-year treasury bill: central bank

Egypt govt to issue 700 million Euro 1-year treasury bill: central bank

Egypt's central bank is issuing a 700 million Euro 1-year Treasury bill, it said in a statement on Thursday. The auction…
Egypt’s Amer Group third-quarter net profit drops 56.4%

Egypt’s Amer Group third-quarter net profit drops 56.4%

Egyptian real estate company Amer Group's third-quarter net profit fell 56.4 percent, it said in a bourse statement on Thursday. Amer…
UPDATE: Egypt’s c. bank keeps pound at 7.7301 per dollar at official FX auction

UPDATE: Egypt’s c. bank keeps pound at 7.7301 per dollar at official FX auction

Egypt's central bank will hold the pound steady at LE7.7301 to the dollar at its official foreign currency auction on…
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