Economy

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  • Category : Economy
  • Bourse indexes show mixed performance

    Bourse indexes show mixed performance

    Date: 2019-11-11 15:45:03 GMT - Egypt - Economy - SN:2 - ID:8183462

    The Egyptian Exchange (EGX) indexes showed a mixed performance at the end of Monday’s trading session prompted by sales operations by institutions, Arab investors and investment funds. The market capital lost about EGP 300 million, registering ....

  • Global pharmaceutical companies eye more investments in Egypt

    Global pharmaceutical companies eye more investments in Egypt

    Date: 2019-11-10 23:33:31 GMT - Egypt - Economy - SN:4 - ID:8182405

    Representatives of several global pharmaceutical companies operating in Egypt said they are willing to expand their investments in the country, making use of its strategic location, which represents a regional hub in the Middle East and ....

  • Bourse gains EGP 4.2 billion

    Bourse gains EGP 4.2 billion

    Date: 2019-11-07 23:31:49 GMT - Egypt - Economy - SN:7 - ID:8179436

    The Egyptian Exchange (EGX) indexes posted collective gains during Thursday's trading backed by purchases of local investment funds on selected shares in the sectors of housing, real estate, petrochemicals and financial services, in addition to some ....

  • Bourse registers gains worth EGP 9.7 billion in a week

    Bourse registers gains worth EGP 9.7 billion in a week

    Date: 2019-11-07 23:13:21 GMT - Egypt - Economy - SN:1 - ID:8179426

    The Egyptian Exchange (EGX) indexes witnessed collective gains during this week’s trading, with profits hitting EGP 9.7 billion. The market capital gained about EGP 737.4 billion compared with EGP 727.7 billion a week earlier. The EGX 30 ....

  • Egypt's economy will likely grow by 5.9 percent in FY 2019-20: EBRD

    Egypt's economy will likely grow by 5.9 percent in FY 2019-20: EBRD

    Date: 2019-11-06 23:16:36 GMT - Egypt - Economy - SN:8 - ID:8177887

    Egypt is witnessing a robust growth, gaining further momentum both this year and next, the European Bank for Reconstruction and Development (EBRD) said. In its latest Regional Economic Prospects report, the EBRD revised down forecasts for ....

  • Vodafone Global Enterprise buys Egypt's VIS at EGP 1bn investments

    Vodafone Global Enterprise buys Egypt's VIS at EGP 1bn investments

    Date: 2019-11-06 23:12:14 GMT - Egypt - Economy - SN:7 - ID:8177886

    Vodafone Global Enterprise for telecommunications and information technology services has purchased Vodafone Egypt for International Services (VIS) at investments of EGP one billion. The move fell within the framework of Vodafone International ....

  • CBE: Egypt's foreign currency reserves hit $45.2 bn in October

    CBE: Egypt's foreign currency reserves hit $45.2 bn in October

    Date: 2019-11-06 18:36:34 GMT - Egypt - Economy - SN:1 - ID:8177716

    Egypt's foreign currency reserves jumped by $129 million in October to reach $45.246 billion, the Central Bank of Egypt (CBE) said in a statement Wednesday. In September, the country's foreign reserves registered $45.117 billion. ....

  • CBE, EGX announce November 10 off on el Mawled el Nabawi anniversary

    CBE, EGX announce November 10 off on el Mawled el Nabawi anniversary

    Date: 2019-11-03 23:14:18 GMT - Egypt - Economy - SN:5 - ID:8173134

    The Central Bank of Egypt (CBE) announced next Sunday, corresponding to November 10, a day off for all the banks operating in Egypt on the anniversary of Prophet Muhammad's birthday (El Mawled El Nabawi). The banks will resume normal operations ....

  • Bourse gains EGP 3.3bn

    Bourse gains EGP 3.3bn

    Date: 2019-11-03 15:32:24 GMT - Egypt - Economy - SN:2 - ID:8172755

    The Egyptian Exchange (EGX) indexes posted collective gains during Sunday's trading backed by purchases of local investment funds on selected shares in the sectors of housing, real estate, petrochemicals and financial services, in addition to some ....

  • Agriculture min.: Egypt obtains UPOV membership

    Agriculture min.: Egypt obtains UPOV membership

    Date: 2019-11-01 17:46:30 GMT - Egypt - Economy - SN:3 - ID:8170541

    Minister of Agriculture and Land Reclamation Ezz Eddin Abu Steit on Friday said that Egypt has won the International Union for Plant Variety Protection (UPOV) membership. The minister said that the UPOV's council unanimously agreed in its meeting ....

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