EGP


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EGP

The ISO 4217 currency code for the Egyptian Pound.

EGP

ISO 4217 code for the Egyptian pound. It was introduced in 1834, replacing the piastre, which continued to circulate at a value of 1% of a pound. Between 1885 and 1914, the pound was effectively pegged to gold. Afterward, it was formally pegged to the British pound until 1962, when the peg switched to the U.S. dollar at various rates. The pound became a floating currency in 1989.
References in periodicals archive ?
They inaugurated five safety dams at the cost of EGP 19m.
For equal shareholding, EGP will also give 18m in cash, while transferring Altomonte s investment in the new firm.
NBK Capital MENA said the EGP has depreciated by three per cent YTD against the USD, with most of the depreciation (around 70 per cent) happening in May.
These are now being implemented into studies of toxigenomics and the EGP (Waters and Fostel 2004).
The growth rate of deposits in EGP amounted to about 19.
The revenues for the third quarter (3Q) alone were EGP 1.
Compiling criteria and eligible enterprises, then screening for potential EGP projects, together with
EGP is planning to take the company public through a Direct Public Offering of stock to facilitate its growth and expansion.
According to the current state budget, the general revenues for the new fiscal year's budget are expected to grow by 28%, amounting to EGP 622.
With an aim to strengthen client commitment, EGP is operating on the basis of its
The Mitsubishi Lancer's price amounted to EGP 137,000, recording an increase of EGP 2,000 compared to its price in September, which was EGP 135,000.