Economy

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  • Category : Economy
  • Dollar exchange rate maintains increase against pound

    Date: 2022-03-22 09:03:53 GMT - Egypt - Economy - SN:22 - ID:9482644

    CAIRO, March 22 (MENA) - The US dollar maintained an increase by 2.50 to 2.55 points against the Egyptian pound following a decision by the Central Bank of Egypt (CBE) to increase the interest rate by 1 pecent. At the National Bank of Egypt (NBE) ....

  • Global (2): Absen plans to strengthen global partner network to support LED exponential growth

    Date: 2022-03-22 08:31:42 GMT - China - Economy - SN:20 - ID:9482646

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ==================================================================================== Absen plans to strengthen global partner network to ....

  • NBE, Banque Misr garner over EGP 13 bln from high-yield certificates in 1st day

    Date: 2022-03-22 08:09:57 GMT - Egypt - Economy - SN:15 - ID:9482430

    CAIRO, March 22 (MENA) - The National Bank of Egypt (NBE) and Banque Misr garnered over EGP 13 billion from a new high-yield savings certificate they introduced on Monday. In statements to MENA on Tuesday, Deputy Chairman of the NBE Yehia Abu ....

  • Global (1): CLÉ DE PEAU BEAUTÉ ANNOUNCES 2022 'POWER OF RADIANCE' AWARDEE

    Date: 2022-03-22 06:20:40 GMT - Japan - Economy - SN:5 - ID:9482340

    Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: ==================================================================================== Recognizing those who have empowered and bettered the ....

  • HC Securities & Investment praises CBE's decisions to raise interest rates, devalue pound

    Date: 2022-03-21 22:30:06 GMT - Egypt - Economy - SN:118 - ID:9481911

    CAIRO, March 21 (MENA) – The Central Bank of Egypt (CBE)'s decisions on Monday to raise its key interest rates by 100 basis points and devalue the Egyptian pound will contribute to reviving foreign investment inflows into Egypt, HC Securities & ....

  • Egypt's economy ''promising" in regions of Near, Middle East - French official

    Date: 2022-03-21 20:52:11 GMT - Egypt - Economy - SN:108 - ID:9482102

    CAIRO, March 21 (MENA) - Egypt's economy continues to grow robustly, with a promising outlook, especially in the regions of the Near and Middle East, said Head of the French side of the Egyptian-French Business Council Regis Monfront. Egypt has ....

  • CBE's decisions aimed to maintain foreign investors' confidence - governor

    Date: 2022-03-21 20:01:20 GMT - Egypt - Economy - SN:101 - ID:9482094

    CAIRO, March 21 (MENA) - The Central Bank of Egypt (CBE) adopted on Monday a range of crucial decisions related to the monetary policies and the interest and exchange rates, said CBE Governor Tarek Amer. Terming the adopted decisions as strong, ....

  • Moody's: CBE decisions to protect Egypt's foreign reserves

    Date: 2022-03-21 19:31:39 GMT - United Kingdom - Economy - SN:98 - ID:9482114

    LONDON, March 21 (MENA) - Moody's Ratings said on Monday decisions taken by the Central Bank of Egypt (CBE) today regarding monetary policies will protect the country's foreign reserves, according to a research note, a copy of which was obtained by ....

  • Gold prices in Egypt hit record high

    Date: 2022-03-21 18:10:21 GMT - Egypt - Economy - SN:88 - ID:9481995

    CAIRO, March 21 (MENA) - Gold prices in Egypt have risen to a new historic level with the price of a gram of 21-carat gold, the most popular in the country, reaching EGP 1,001. The price of 24-carat gold recorded about EGP 1,144 per gram, while ....

  • Bankers, businessmen praise CBE's decision to raise interest rates

    Date: 2022-03-21 18:04:29 GMT - Egypt - Economy - SN:87 - ID:9481814

    CAIRO, March 21 (MENA) - The Central Bank of Egypt (CBE)'s decision on Monday to raise interest rates is positive and will have strong results as regards boosting exports to global markets and enhancing the stability of Egypt’s financial and banking ....

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